Digital currencies recorded mass declines this morning, Tuesday, February 25, as the most expensive digital currency in the world (Bitcoin) is trading at its lowest levels since November of last year, below $ 90,000, which led to a strong wave of selling in the cryptocurrency market and the exit of nearly $ 230 billion in the last 24 hours.

The declines in the cryptocurrency market coincided with the rise in general uncertainty in the financial markets with threats of tariffs in addition to the rise in US inflation fears. Market concerns about the safety of trading platforms, especially after Bybit was hacked and about $ 1.5 billion was stolen, also increased the state of uncertainty associated with the cryptocurrency markets.

The market value of the digital currency market combined, according to the Coingecko website, which includes more than 17,000 digital currencies, declined by about 10% today, Tuesday, with the market value trading at $ 2.97 trillion.

Bitcoin is trading at $87,872,000, down by about 7.94% this morning with a market value estimated at $1.743 trillion, while Ethereum, the second largest digital currency, is down by about 11.35% and is trading at $2.371,000 with a market value estimated at $285 billion.

XRP or Ripple continues to maintain its position as the fourth digital currency in the world in terms of market value despite its decline of about 15% today, Tuesday, and is trading at $2.07 with a market value estimated at $120 billion.

Dogecoin is down by about 13%, trading at $0.1992, with a decline in market value to $29 billion, while Cardano is losing about 13.89% and is trading at $0.6340 with a market value estimated at $22 billion.

Solana is losing about 14.55% trading at $135 with a market cap of $66 billion, while Litecoin is down about 9.5% trading at $110 with a market cap of $8 billion.