Cryptocurrency Prices Today 13 July2022: There is a decline in the cryptocurrency market today. Bitcoin was again seen trading below $20,000 today. The world’s largest and popular cryptocurrency, bitcoin, was seen trading down 2% at $19,479 during the last 24 hours.
For the past 4 weeks, bitcoin has been seen trading in the range of $19,000 and $21,000. The market cap of the cryptocurrency market remained below 1 trillion. The euro has hit a 20-year low against the dollar. The effect of the strengthening of the dollar is visible in the crypto market.
This year’s fall in bitcoin prices, according to experts, bitcoin has come to $ 19000 and Ethereum around $1100 in the last week. Ethereum has been seeing a decline since July 8. According to experts, if its level falls below $1,140, then it can also go below $900. At the same time, the price of bitcoin has fallen by 56% this year. Bitcoin touched an all-time high of $69,900 in November 2021 but has since continued to decline.
Ether and Dogecoin
Ether, on the other hand, the cryptocurrency tied to the Ethereum blockchain fell more than 3 percent to $1,054. It is at its lowest level of 15 months. It is the second largest cryptocurrency in the world. Meanwhile, dogecoin fell 3 percent today and was seen at $0.06. Whereas, the Shiba Inu saw a decline of 3% and was seen trading at $0.000010.
The rise in the cryptocurrency market was seen in XRP, Solana, BNB, Litecoin, Stellar, Chainlink, Tron, Apecoin, Avalanche, Polkadot, Polygon in the last 24 hours. Uniswap, Tether saw a rise.
Market cap of the crypto market remained below $1 trillion
The market cap of the global cryptocurrency market fell by 2% in the last 24 hours. The global cryptocurrency market has a market cap of $905 billion. It has been below $1 trillion several times in the past month. The market cap of the global crypto market was at its peak i.e. $2.9 trillion in November 2021 but this year it continues to decline.