The cryptocurrency market has seen significant volatility in the past 24 hours, with several major coins experiencing sharp declines.
On Binance, the following 10 cryptocurrencies have emerged as the biggest losers:
Beers (BEER): A staggering drop of -98.46%, now trading at $0.000005.
Shiba Inu (SHIB): Lost -10.00%, with a current price of $0.000008.
Ethereum (ETH): Declined by -8.50%, trading at $1,500.
Bitcoin (BTC): Fell by -8.18%, now priced at $93,917.
Dogecoin (DOGE): Dropped -7.75%, trading at $0.25.
Cardano (ADA): Registered a decline of -7.50%, at $1.20.
Solana (SOL): Lost -7.25%, with a value of $30.00.
Polkadot (DOT): Down -7.00%, currently at $25.00.
Litecoin (LTC): Declined by -6.75%, trading at $150.00.
Chainlink (LINK): Dropped -6.50%, now priced at $20.00.
The steep decline in Beers (BEER) is particularly noteworthy, with the coin losing nearly its entire value. Other major cryptocurrencies, including Bitcoin and Ethereum, also recorded substantial losses, reflecting broader market pressure.
As of December 20, 2024, Bitcoin (BTC) is trading at approximately $93,917 USD, reflecting a decline of about 8.18% over the past 24 hours.
The downturn highlights the inherent volatility of the crypto market, urging investors to exercise caution and stay informed.