NewsletterCrypto Prices Today: Curve DAO, Solana, Falls Drastically; ETH, Bitcoin Joins
Crypto Prices Today:
After having 3 days of trading positively the Crypto prices seems to be getting in the sluggish zone again. All the major coins have been trading in the red. Curve DAO Token is trading low by 7.78%. Solana is down by 6.27% in the last 24 hours. FTX fell by 5.52%. The two largest cryptocurrencies Bitcoin and Ethereum had a setback of 2.10% and 3.56% respectively.
The crypto prices has been down this month following the collapse of a major exchange FTX. However, the market started seeing some signs of recovery as coins started trading on the green by Thursday. The crypto market has sharply fallen by 2.61% in the last 24 hours. Its global market cap is $819.87 billion.
The Biggest Losers As The Market Go Down
Huobi Token has dipped by approximately 11% with the price of each token at $6.45, thus, recording a huge loss.
Source: coinmarketcap
The sports token Chiliz is also down by 6.93% despite the football world cup going on. Litecoin is downwards by 6.63% and stands at $71.68.
Dogecoin, which got a double-digit pump on Black Friday is also down by approximately 3%. The sports token, ARG has taken a massive dip of 14.49%, despite the ongoing FIFA World Cup. The sports token were predicted to get a boom as Crypto.com is the official sponsor. Nevertheless, it seems that the sports token are not having benefits.
Coins Trading In Green
There are a few coins that are trading in the green. The crypto token Celo is up by 15.53%, making it the biggest gainer in the last 24 hours, and is at $0.649. ApeCoin is second on the list with a jump of 3.67%. Neutrino USD is up by 2.27%, with each coin at $0.9397.
Reasons for the fall
The ongoing lockdown in China amidst the outbreak of Covid 19 has lead to a huge protest in the country. The tremors from China is shaking the global economy, affecting the Crypto prices as well.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Why is the Crypto Market Down Today? BTC, ETH, XRP Lead Drop
- SEC Crypto Task Force Hosts Financial Privacy Roundtable Today: What to Expect
- Breaking: Kevin Warsh Now Favorite to Replace Powell After Hassett’s Fed Chair Bid Faces Pushback
- First Hyperliquid ETF Launch ‘Imminent’ as Bitwise Files Amended S-1 With SEC
- XRP News: Ripple’s RLUSD Eyes Wider Adoption as Stablecoin Expands to Coinbase’s L2 Base
- Bitcoin Price Weekly Forecast as Gold’s Surge Revives Inverse Correlation — Is $85K Next?
- Ethereum Price Risks $2,600 Drop Despite JPMorgan’s New Fund on its Network
- Analyst Confirm Pi Network Price Could Still Reach $1, Here’s When?
- Is Ethereum Price Set for a Rebound as a Prominent Whale Accumulates $119M After the Dip?
- XRP Spot ETF Records Nearly $1B Inflows While BTC and ETH Bleed- Is A XRP Price Reversal Ahead?
- Bitwise SOL ETF Records 33 Days of Nonstop Inflows- Is A Recovery to $150 Possible?
