Since December 20, digital currencies have started a violent downward spiral as governments and central banks continue to warn strongly about the imminent bursting of the digital currency bubble, which will have no less impact on individuals and institutions investing in the effects of previous financial crises.
According to data collected digital currencies lost about $ 303.3 billion in 40 days, down by 42.59% after their total value dropped from about $ 712 billion in the second half of December to about $ 408.3 billion in time Present.
Ripple .. Violent losses
In the forefront of electronic currencies, which have suffered heavy losses and violent over the past days came after "Rip" after falling from the level of 53 dollars in mid-December to record about 0.99 dollars in late trading yesterday, losing about 52.01 dollars, a decline of 98.13%.
The market value of the "Ripple" fell from $ 45.42 billion in mid-December to $ 38.88 billion in yesterday's trading, losing $ 6.54 billion, down 14.39 percent.
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Bitcoin Cash
In the second place in the list of currencies that have suffered violent losses, the currency of "Bitcoin Cash", which fell from the level of 4176 dollars in mid-December to record about 1300 dollars in yesterday's trading, missing about 2867 dollars, a decline of about 68.8%.
With regard to the market value of the currency of the "Bitcoin Cash" has fallen from the level of 70.29 billion dollars in mid-December to record about 22.033 billion dollars in late trading yesterday, missing about 48.25 billion dollars, or 68.65%.
Litecoin
In third place was the currency of "Litecoin", which fell from about 372 dollars in mid-December to record about 145 dollars at the end of trading yesterday, losing about 227 dollars, a decline of 61.02%.
Litecoin's market capitalization fell 54.98% after falling from $ 17.329 billion in mid-December to $ 7.8 billion at the end of trading on Tuesday, with a total loss of $ 9.52 billion.
Bitcoin .. The biggest loss
The most powerful currency was in fourth place with a decline of 54.71% after dropping from the level of $ 19037 in mid-December to record about 8621 dollars at the moment, missing about 10416 dollars.
The market value of the currency of "Bitcoin" from about 334.8 billion dollars in mid-December to about 145.1 billion dollars at the moment, losing about 189.7 billion dollars, a decline of about 56.66%.