Bitcoin declines by 1.8% to trade at $38,739,84

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A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. REUTERS/Edgar Su

 

On Friday, the world’s most valuable crypto asset, Bitcoin started on a downturn with a 1.8% price decline to trade at $38,739.84 triggering a 1.49% decline in the industry market capitalization as investors lost $26.1 billion in the early trading hours.

This was the same with Ethereum with a 1.54% decline to trade at $2,568.4, while Solana dipped by 1.8% to trade at $81.4.

Similarly ,Terra dipped 5.65% to trade at $95.52 while Uniswap followed with a 0.12% decline to trade at $8.67.

Meanwhile, cryptocurrency exchange founded by Africans, Quidax has announced its listing on CoinMarketCap, one of the world’s leading sources of cryptocurrency-related market data, becoming the first fully African owned crypto exchange to be listed on CoinMarketCap.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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