Most crypto prices are currently in the red. The global crypto market has dropped by one percent and is now at $951.6 billion. The market volume on the last day was at $62 billion, up 26 percent from yesterday.
Bitcoin, the most popular cryptos price has dropped one percent over the past 24 hours.
The CEO and Co-founder of Mudrex, Edul Patel, said. “Bitcoin has been trading above the US$21,000 level since last week. BTC is currently down by 1.46% over the past 24 hours. Despite today’s decline, BTC remains at the US$21,000 level as it builds momentum and seems like it is not ready for a sharp move. So, it may likely trade sideways between US$21,000 and US$22,000, but the selling pressure might ease this week.”
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Ethereum, the second-biggest crypto, currently stands at $1221. It dropped one percent in the past twenty-four hours and twelve percent over a week.
The fifth biggest cryptocurrency, Binance Chain coins, price decreased 0.19 percent to $237 in twenty-four hours. In 7 days, the price dropped by 14%.
In the last 24 hours, the price of the XRP coin fell by 0.7% to $0.3634. The cost of XRP has risen by more than 14% in the last seven days. It is now the sixth-largest cryptocurrency in terms of market value.
Solana, the ninth biggest crypto in market cap, experienced a price decrease of 3.35 percent to $40. Cardano coming right before Solana as the eighth biggest crypto in market cap, has lost 0.15 percent value over the past 24 hours.
On the other hand, Dogecoin experienced an increase in value of 28 percent over a week. In the past twenty-four hours, it hiked 12 percent. The prices of Polkadot and Avalanche standing 11th and 15th crypto also have fallen, they currently stand at $7.97, and $20.20.
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