On December 18, 2024, the cryptocurrency market experienced a significant drop, affecting major digital currencies. Below are the quotes for some of the most prominent cryptocurrencies:
These drops have wiped more than 4% off the cryptocurrency market cap in just one day and triggered the liquidation of more than $1.5 billion in trader positions.
Volatility in the cryptocurrency market can pose risks not only to individual investors, but also to financial institutions.
It is important to note that despite these fluctuations, cryptocurrencies have shown resilience in the past, and their value can recover over time.
However, it is essential that investors are aware of the associated risks and consider the inherent volatility of these assets when making investment decisions.