Crypto prices update: Bitcoin falls by over 6% to $21,969

Bitcoin fell as much at 7.7% to $21,404 over a few minutes during the European morning hours

quickly recovered and last stood around 2400 UTC-5 Standard Time before falling back down again near 2200 IST

The price of bitcoin dropped below USD 23K for about five minutes this afternoon before recovers slightly towards evening time frame

The crypto market was not kind on Tuesday as top cryptocurrencies continued to trade red

The global total fell 5% and is currently valued at $1T with a 24-hour volume increase of less than 6%.

The total volume in DeFi, which stands at $5.74B or 7% of the crypto market 24 hour amount has been steadily increasing over time

as it now accounts for 1 out 10 coins on offer- all stablecoins are currently valued around 66%.

Bitcoin fell as much 7.7% to $21,404 over a few minutes during the European morning hours today but has sincerecovered and currently stands at around 22k USD per coin

Ether also took some hits; it's down 5%, though not nearlyas badly maybe because people are more interestedin buying than selling right now