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USDEX Drops 12.5% in One Hour as 24-Hour Loss Reaches 6.9%

USDEX was quoted at 5.54 USDT at 10:06 a.m. ET Friday. Bitcoin and Ether were lower as of 10:11 a.m. ET.

By Enna Lee
Published
Mentioned assets
An unmarked metal token rests at the edge of a dark slope / TokenPost.ai
An unmarked metal token rests at the edge of a dark slope / TokenPost.ai

USDEX fell 12.5% in the hour through 10:06 a.m. ET (15:06 UTC) Friday and was down 6.9% over 24 hours, with the token quoted at 5.54 USDT.

Bitcoin (BTC) traded at $68,790, down 3.61% over 24 hours, while Ether (ETH) was at $1,942.16, down 2.93%, as of 10:11 a.m. ET (15:11 UTC).

An earlier Thursday snapshot of USDEX's 16.9% 24-hour decline listed the token at 9.9 USDT.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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