Cryptocurrencies record declines in the middle of today’s trading session, Wednesday, 29th of June, coinciding with a clear decline in risk appetite in the markets before the opening of the American session, as the Bitcoin currency leads these declines by trading below 20 thousand dollars at levels of 19,980 thousand dollars, a decline of about 5.70% with Decline in market value to 382 billion dollars.

The decline in risk appetite in the markets reflected negatively on currencies and high-risk assets, which were led by stocks and cryptocurrencies, as the Dow Jones Industrial Average lost nearly 500 points on Tuesday when it closed, and thus reflected negatively on cryptocurrencies.

The market value of the cryptocurrency market combined, according to the Coin gecko website, which includes more than 13,000 digital currencies, has been declining since the beginning of the session by about 5%, trading at levels of $940 billion, to lose more than $30 million today only.

Today, markets are awaiting the European Central Bank’s forum on Portugal’s central banks in a panel discussion titled Policy Board, in which US Federal Reserve Chairman Jerome Powell, European Central Bank President Christine Lagarde and Bank of England Governor Philip Bailey will speak in the American session.

Ethereum, the second largest digital currency, is down by about 7.67%, and is trading at $1.128 thousand, with a market value of $136 billion.

The Dogecoin, in turn, records declines of about 9.33%, trading at levels of $0.0654, with a decline in its market value to $8 billion, while Cardano loses about 3.5 percent and is trading at levels of $0.4715, with a market value estimated at about $16 billion.

The Shiba Inu and Solana currency are among the most affected today, losing about a quarter of their value today, as the Sheba is down by about 11%, trading at levels of $0.000009828, with a decline in the market value to $ 5 billion, while the Solana currency is trading down by about 10%, trading at levels of $ 34 and market value Estimated at $12 billion.

The XRP or Ripple currency is declining by about 5.33% today, Wednesday, and is trading at 0.3302 levels, with a decline in the market value to 15 billion, while Litecoin loses about 7% by trading at levels of $ 52 with a decline in the market value to 3 billion dollars.