digital currencies turned into difficult losses within hours of American media announcing the victory of Democratic candidate Joe Biden.
According to Arabiya Net, this may be due to the rumors regarding Biden's work to deepen the losses of the US dollar and the rise of safe assets, led by gold.
During the past hours, digital currencies lost about $ 13.7 billion, a decrease of about 3.1%, with the decline in their combined market value from $ 441 billion in Friday's trading to about 427.3 billion dollars at the end of trading yesterday, Saturday.
At the forefront of the losing currencies, Bitcoin, the most powerful and widespread in the cryptocurrency market, came to the top of the losing currencies list, falling by 5.1% losing about $ 794 after Its price fell from 15549 dollars in trading on Friday to about 14755 dollars at the end of yesterday's trading.
in terms of its total market value, it fell by 5.1%, losing about $ 14.7 billion, after its combined market value fell from $ 288.2 billion at the end of Friday's trading to About 273.5 billion dollars at the end of trading yesterday, Saturday.
Ethereum plunged 4.88% to about $ 433. Its combined market value decreased to about $ 49 billion. In contrast, the Tizer coin rose by 0.13% to about $ 0.247. The combined market value increased to about $ 17.2 billion.
While the X-Ripple coin has declined in the past 24 hours by 4.23%. The combined market value reached the level of $ 11.23 billion.
Bitcoin Cash also plunged 2.36% to the level of $ 251. Its total market value fell to about $ 4.6 billion.
