Cryptocurrencies fall as risk appetite declines in markets

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.

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