Cryptocurrency slump persistsRepresentations of virtual cryptocurrencies are placed on US Dollar banknotes in an illustration taken on Nov 28, 2021. Cryptocurrencies, with the exception of Bitcoin, continue to plunge as the value of the global cryptocurrency market yesterday fell below US$1 trillion for the first time since January 2021. As of 4.52pm, the market value of cryptocurrency stood at around $989 billion, down 3.8% from the previous day. The value of the cryptocurrency market peaked at $2.9 trillion in November 2021. The S&P500 Index closed at 3,749.63 points, down 151.23 points (-3.88%) while the Nasdaq closed at 10,809.23, down 530.80 (-4.68%).

Source: Bangkok Post June 15, 2022 02:37 UTC