Cryptocurrencies continue to receive selling pressure, which began last week, in which it collectively lost nearly half a trillion dollars of market value mid-week, according to Reuters reports, as the market value of the world’s highest digital currency, Bitcoin, fell below the levels of a trillion dollars to levels of 683.613.863.294 billion dollars This morning, Saturday the 22nd of May, trading at levels of 36.647 thousand dollars, a decline of about 7 percent during the day and a decline of about 24 percent during the past week, after testing the levels of 29.700 thousand dollars last week, the lowest level of the digital currency since January of this year. This decline in the cryptocurrency market comes after it received a strong blow from China, the second largest economy in the world, in the middle of last week by banning financial institutions from providing cryptocurrency services and warning investors against speculation in trading cryptocurrencies to appear as a clear and explicit threat to the digital currency sector. On the other hand, the second largest digital currency in terms of market value, Ethereum, lost more than 14 percent today, Saturday, extending its losses to more than 40 percent since the beginning of last week, trading at levels of 2.283 thousand dollars, with a market value of about 263 billion dollars. The Cardano currency is trading at 1.42 dollars with a market value of about 45 billion dollars, with a loss of about 17 percent during today’s trading. Dogecoin continues to lose nearly 36 percent since the beginning of last week, with today’s declines, estimated at about 15 percent, and is trading at $ 0.3289.