The low volatility present in recent days culminated in an explosion that after 8 PM (GMT+2) led to a collapse of the cryptocurrencies, with prices at their lowest levels in the last three months.
Bitcoin, after hitting the lows of volatility at 2%, not only breaks the threshold of $9,500 but sees a decline of 15% with prices reviewing the $7,800 levels.
$9,500 and $8,800 are the two thresholds that have been sliced like a hot blade would with butter. BTC has in fact reached thresholds abandoned in June.
As it happens on these occasions, the sharp collapse of bitcoin drags the rest of the sector with intensity.
Ethereum touches $155, the last bulwark supporting the long-term trend. Ripple is close to 21 cents and returns to update the negative record of the last two years, which had not seen since early December 2017.
Among the big ones the ones who suffer most are Bitcoin Cash, Bitcoin SV and Leo, with losses that exceed 30%.
Of the top 100, the first green signal is from DAI in 53rd position.
The collapse of cryptocurrencies reduces the market cap which returns to the threshold of 220 billion dollars, levels that have not been recorded since last May.
Trading volumes also explode, exceeding 85 billion on a daily basis.