Following the quotes of shares of global companies, oil prices fell securities of mining giants and crypto startups. While the value of some assets recovered after a decline, others reached a new historical low

Sharp fluctuations in the stock market in early March also affected the crypto industry. Yesterday, on Monday, the share price of the us Bank Silvergate, which cooperates with the crypto exchange Coinbase, fell from $13.35 to $12.03, almost reaching a historic low of $12.00. To date, the value of the company's securities has recovered to $12.74.

On March 9, shares of the mining equipment manufacturer Canaan also fell in price. After the opening of trading, the company's stock prices fell by 16%, setting a historical low at $3.30. At the moment, the asset is trading just above this level.

The fall also affected the securities of Mike Novogratz's cryptocurrency company Galaxy Digital, which are traded on the Canadian stock exchange in Toronto. On March 9, the stock price plummeted from $0.96 to a new historical low of $0.66. However, as of today, March 10, their price has fully recovered after a decline.

The S&P500 index, which includes 500 us companies with the largest capitalization, fell 8.4% yesterday to $2716. At the same time, the price of Brent oil fell more than 27%, falling below $32 per barrel. Against this background, the ruble fell by about 11% against the dollar.

Oil prices began to decline after the first reports about the inability of the OPEC+ countries to agree on a deal regarding its price. This was followed by a sharp drop in the value of Bitcoin, which fell by 15% within two days. It may continue to decline due to fluctuations in the fuel exchange rate, as well as the spread of the coronavirus and the impact of the PlusToken pyramid scheme.