US markets fell yesterday as US President Joe Biden warned the risk of a Russian invasion of Ukraine was still “very high.”

The crypto market was generally lower in the last 24 hours with most cryptos trading in the red today.

The SPX500 plunged 1.98%, the DJ30 was down 1.66%, and the NASDAQ100 declined 2.83%.

US markets will be closed this Monday due to President’s Day.

Top cryptos

At the time of writing, Bitcoin was down over 6.5% and Ethereum was down about 5.5%. BNB, Solana and Cardano were both down more than 4%. XRP and Cardano declined more than 3%.

Terra suffered a loss of almost 9% which is the largest among the top 20. It was also affected by the market trend, and news that the S.E.C. It is now suing its CEO to stop Mirror Protocol from being implemented.

Top Movers

In a trend that has continued since yesterday, most cryptos have lost between 3-5% and 5% of their value. Decentraland and Stellar Lumens, Axie Infinity, Stellar Lumens and Theta Network all fell around 7% at the time this article was written.

The Sandbox and Filecoin both lost 8%, while VeChain, Filecoin, Aave, Kadena and THORChain all lost 9%.

Decred and Rally both lost 10% today. Rally is still up 17% over the week, and Rally remains the only cryptocurrency in the top 100 that completed seven days in green.

Neo continues its rallying at the other side. Yesterday, it emerged China’s BSN had given the project the green light on NFT marketplaces. It’s up 4% today.