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Cryptocurrency market set for more losses amid risk aversion


Date Time
Cryptocurrency market set for more losses amid risk aversion
The crypto market continues to extend losses across the board as prevailing selloff by institutional investors is showing no signs of abating on the back of a strong pickup in risk aversion.
As of press time, Bitcoin (BTC) is changing virtual hands at US $33,800, Ether (ETH) at US $2,100, ripple (XRP) at US $0.77, Binance Coin (BNB) US $265, cardano (ADA) at US $1.25, Dogecoin (DOGE) at US $0.29, ChainLink (Link) at US $20.36, UniSwap (UNI) at US $16.78, Polkadot (DOT) at US $17.80 and Stellar (XML) at US $0.35.
Investors and traders are growing  increasingly nervous amid souring mood and negative outlook that may open up a long-lasting downward spiral, adding to the challenges facing digital asset holders in the market that has lost almost half of its capitalisation in the past week. ....

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