Today’s cryptocurrency prices were inconsistent, with Bitcoin trading under the $23,000 mark. Concerns over escalating US-China conflict on international markets weighed on cryptocurrencies, driving Bitcoin down for a fourth day. Bitcoin, the biggest and most well-known cryptocurrency, was trading slightly lower at $22,802. Despite falling more than 1% in the previous day to $1.1 trillion, the total value of all crypto assets was above the $1 trillion level today, according to CoinGecko.
The second-largest cryptocurrency, Ether, which is connected to the Ethereum network, increased more than 1% to $1,612. Shiba Inu’s price, however, increased slightly to $0.000012 while Dogecoin’s price fell by about 2% to $0.06 today.
Avalanche, Apecoin, Uniswap, and Polygon all had gains today, while XRP, Solana, BNB, Litecoin, Stellar, Chainlink, Tether, Polkadot, and Tron values saw decreases over the last 24 hours.
Blockchain experts said on Tuesday that the US crypto company Nomad had been the victim of a $190 million theft, the latest such crime to affect the digital asset market this year. According to the crypto analytics company PeckShield, users’ cryptocurrencies, including ether and the stablecoin USDC, were stolen for $190 million. The amount was estimated by other blockchain specialists to be above $150 million.
Nomad creates software that links several blockchains, the digital ledgers that serve as the foundation for the majority of cryptocurrencies, and only last week secured $22 million from investors that included major U.S. exchange Coinbase Global. The “bridge” used by Nomad to move tokens across blockchains was the target of the crime.