ICON (ICX) Drops By Over 7% Following Bitcoin’s Recent Price Crash
The other day, Bitcoin was almost re-testing the important psychological level of $10k, but the king coin was not able to surpass this FOMO-triggering point.
At the moment of writing this article, the crypto market looks pretty bloody with most of the digital assets trading in the red. And Bitcoin is no exception – the most important coin is currently trading at $9,449.77.
ICON is one of the projects in the crypto space that’s been making a lot of waves lately due to the team’s various achievements and bold plans.
ICX in the crypto market
Also, it’s worth noting that the coin ICX has been gaining popularity and it’s safe to say that for a lot of crypto enthusiasts it became the crypto darling.
Following Bitcoin’s significant crash from the day before, ICX also witnessed a fall in price by more than 7%.
At the moment of writing this article, ICX is also trading in the red and the coin is currently priced at $0.331111.
But, the team behind the ICX project has been able to mark all kinds of achievements that continue to make it stand out from the crowd.
Crypto.com ads ICX to the Soft Staking
Earlier, today, we reported that the important crypto platform Crypto.com revealed the addition of ICX to the Soft Staking – this allows users of the platform to exchange to up to 2% p.a. on ‘staked’ ICX which is deposited or held in the exchange.
It’s worth noting that at the moment, there are 16 digital assets that are supported by Crypto.com Soft Staking, including BTC, ETH, USDT, USDC, XRP, LTC, EOS, XLM, ATOM, MCO, CRO, LINK, XTZ, BCH, VET and ICX.
In other news, it’s been recently revealed that ICON is working really hard to push the adoption of the blockchain technology. This is an essential goal that the crypto industry has.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.