Cryptocurrencies fell during Wednesday's trading as the U. S. dollar's gains in dominating markets and pulling investors away from risk assets rebounded.
In a tweet, economist Nouriel Roubini criticized cryptocurrencies, calling them "the largest scam ever in financial history. "
On the other hand, Fidelity announced that its new fund for Ethereum has raised about $ 5 million since the start of sales on the twenty-sixth of September, a fund that provides customers with access to the second largest cryptocurrency by market capitalization.
Bitcoin — the largest cryptocurrency by market capitalization — fell 0. 65 percent at $20,096. 90, at 12:47 p. m. Mecca time, according to CoinPass data.
Ethereum also fell 0. 7% to $1342. 37, Binance fell 1. 64% to $291. 51, while Ripple settled at 47. 98 cents.
