Among the cryptocurrencies, bitcoin price declined below the $45,000 level today. The digital token fell 5% to $44,611. The world’s largest and most popular cryptocurrency So far in 2022 (year-to-date or YTD) is down about 2%. It is nearly 30% off its all-time high of $69,000 in November last year.
On the other hand, Ether, the coin tied to the Ethereum blockchain and the second largest cryptocurrency by market capitalization, also fell more than 5% to $3,223. Meanwhile, Dogecoin price fell more than 7% to $0.13, while the Shiba Inu was also down more than 9% to trade at $0.000025.
The performance of other digital tokens also fell over the past 24 hours with Solana, Polygon, Litecoin, Stellar, Cardano, Uniswap, Terra cutting the range of 5-11%. Meanwhile, according to CoinGecko, the global cryptocurrency market capitalization was above the $2 trillion mark even though it reached $2.18 trillion, a change of over 3% in the past 24 hours.
US listed companies that hold cryptocurrencies on behalf of users and customers must account for those assets as a liability on their balance sheets and disclose the associated risks to investors, as reported by Reuters, the securities regulator. said on Thursday.
The US Securities and Exchange Commission (SEC) guidance will apply to a number of listed entities, including crypto exchanges and traditional firms such as retail brokers and banks that are increasingly providing cryptocurrency services and holding digital assets on behalf of a range of clients. .
(with inputs from agencies)
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