Crypto crash today: Major cryptos in freefall, where can you buy the dip?

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Crypto crash today: Major cryptos in freefall, where can you buy the dip?

By Daniela Kirova - min read
Crypto Crash represented by coins falling into flames

Bitcoin and altcoin prices have crashed as tensions between Russia and Ukraine peak. The Bitcoin and altcoin price crash comes in addition to a stock market plunge in the wake of comments made by U.S. president Joe Biden that Ukraine could be invaded in a few days.

Consequences of the crypto crash today

Bitcoin has shed almost 10% of its value over the last 24 hours, crashing toward $40,000. Ethereum, BNB, Cardano, Solana, and XRP are seeing similar drops. Over the past week, almost $200 billion has been wiped out from the combined $1.9 trillion crypto market.

Terra is the biggest loser in the top 20 with -8%. Apart from the trends affecting the whole market, news that SEC is suing its CEO is adding to its losses.

Should you buy the dip? This article attempts to answer that question and tells readers all they need to know about the best places to buy the major assets in today’s crypto crash.

Top places to buy Bitcoin now

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Buy BTC with Plus500 today 82% of retail CFD accounts lose money.

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Top places to buy Ethereum now

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Buy ETH with Plus500 today 82% of retail CFD accounts lose money.

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Top places to buy Binance Coin now

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Bitvavo

The Bitvavo platform was launched in 2018, with the goal to bridge the gap between traditional currencies and digital assets. Bitvavo is making digital assets accessible to everyone, by offering transparent fees, a wide range of assets and an easy to use platform.

Top places to buy Terra now

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Gemini

Gemini is a full-reserve and highly-regulated cryptocurrency exchange and custodian. Founded in 2014 and based in New York City, it operates in 70+ countries. Gemini offers a secure platform for buying, selling, storing, and converting crypto assets. They prioritize user safety and even provide a Gemini Mastercard for spending crypto holdings.

Should I buy the dip in the crypto crash today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

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