Cryptocurrency experts name the crypto assets that caused the most losses to investors

on October 3, the global capitalization of the cryptocurrency market, according to CoinMarketCap, dropped by 1.73% to $ 1.09 trillion. The total volume of cryptocurrency transactions, on the other hand, increased by 26.5% to $ 43.68 billion. Bitcoin’s dominance in the market reached 49.5%, and ethereum’s — 18.4%. The Fear and Greed Index is at 44 points, indicating an alarming mood in the crypto community.

Crypto market analysts also noted coins from the top 100 that caused losses to their investors in the short term. These are Maker (MKR) and Chainlink (LINK).

The MKR cryptocurrency was trading at an average of $ 1484. Its capitalization amounted to $ 1.45 billion. However, despite the significant drop, medium-term holders did not suffer significant losses. Having lost more than 6% in 24 hours, Maker was still 16.5% more expensive than a week ago and 28.6% more expensive than last month. Traders made deals worth $ 145.11 million over the day.

Another cryptocurrency that experienced a price correction was LINK. Despite the regression, its value was still 10.15% higher than seven days ago. A month ago, the digital coin was 33.72% cheaper. The asset can be bought for an average of $ 7.96, and the total supply of coins amounted to $ 4.43 billion. The daily trading volume exceeded $ 334.4 million.

In addition, industry analysts noted a drop in the prices of several other cryptocurrencies from the top 100. For example, the XDC Network (XDC) rate decreased by 2.05% during the reporting period. The average cost of a virtual asset on trading platforms was $ 0.051. The total supply of coins circulating in the market has surpassed $ 709.3 million.

Finally, Lido DAO (LDO) lost 2.3%. The digital token was trading at $ 1.66, and its market capitalization reached $ 1.47 billion.