Wednesday, May 22, 2024

Bitcoin falls again, Ethereum and Cardano are also affected

Most cryptocurrencies have seen a decline on Saturday. The global crypto market cap has fallen by 3.50 per cent to $1.22 trillion during the past day. Bitcoin is currently trading at $29,827, down 2.91 percent in the last 24 hours.

At the same time, the total crypto market volume fell by 12 percent to $61.66 billion during 24 hours. Total volume in Decentralized Finance (DeFi) stood at $5.35 billion, which is 8.68 percent of the total 24-hour volume of the crypto market. At the same time, the volume of all stablecoins has grown to $ 52.18 billion, which is 84.63 percent of the total 24-hour volume of the crypto market.

Must Read: Top 4 Altcoins for Long Term Crypto Portfolios

Bitcoin, the world’s largest and popular cryptocurrency by market capitalization, has increased its market presence by 0.09 per cent to 46.31 per cent. But the price of bitcoin has come down again below $30000. At the same time, Ethereum prices fell by 3.71 percent to $1,776 in 24 hours, while Dogecoin gained 0.65 percent to $0.081.

On the other hand, Cardano is trading at $0.55 with a fall of 7.44 percent. On the other hand, Binance Coin is down 3.47 percent to $297. Talking about XRP, this cryptocurrency has seen a decline of 4.8 percent during the last 24 hours. This cryptocurrency is currently present at $0.39.

Monesh Kumar
Monesh Kumar
Monesh Kumar is a cryptocurrency and blockchain enthusiast. He trades cryptocurrencies and holds some but he prefers holding Bitcoin, Ethereum & Cardano.

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