Moneycontrol PRO
Upcoming Webinar:Prashant Shah explains ‘Irrelevance of Bull & Bear Markets for Success in Technical Analysis’. Register For Free!

Take a look at how 15 cryptocurrencies performed on May 19

The cryptocurrency market lost nearly $1 trillion in market capitalisation on May 19 after a crash in major digital currencies such as bitcoin and ethereum.

May 20, 2021 / 03:27 PM IST
Cryptocurrency (Representational image)

Cryptocurrency (Representational image)

The cryptocurrency market lost nearly $1 trillion in market capitalisation on May 19 after a crash in major digital currencies such as bitcoin and ethereum.

Reuters reported that both bitcoin and ethereum saw their biggest single-day fall since March 2020, when the pandemic began.

Also read: Bitcoin plunges: A bust or a buy?

Tesla founder Elon Musk had put out a cryptic tweet using emojis to hint that the electric vehicle maker will not sell its bitcoin holding.

Bitcoin had plunged as much as 28.5 percent from its previous close, to $30,681.50, according to data available on coinmarketcap.com.

Close

Take a look at how the 15 largest cryptocurrencies performed on May 19, according to data from coinmarketcap.com.

> Bitcoin: Closing price - $37,002.44 (-13.76 percent)

> Ethereum: Closing price - $2,460.68 (-27.2 percent)

> Tether: Closing price - $1 (No change)

> Binance Coin: Closing price - $339.03 (-33.26 percent)

> XRP: Closing price - $1.07 (-32.7 percent)

> Cardano: Closing price - $1.48 (-26 percent) 

> Dogecoin: Closing price - $0.33 (-31.24 percent)

Also read: Cryptocurrency bloodbath | Global market cap drops by $177 billion as bitcoin and ethereum continue to nosedive

> Polkadot: Closing price - $25.23 (-37.93 percent)

> Internet Computer: Closing price - $124.28 (-24.38 percent)

> Bitcoin Cash: Last Closing price - $706.80 (-35.24)

> Uniswap: Closing price - $23.43 (-33.19 percent)

> USD Coin: Closing price - $1.00 (No change) 

> Litecoin: Closing price - $189.52 (-35.67 percent)

> Chainlink: Closing price - $26.70 (-37.25 percent)

> Polygon: Closing price - $1.66 (-32.24 percent)

(Data in range, taken as per UTC time. Percentage change calculated by comparing closing prices on May 18 and 19. Placed in order of market capitalisation at 2.50 pm IST.)
first published: May 20, 2021 03:27 pm

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark