Crypto News

Crypto Prices Today: Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polygon (MATIC)

Crypto prices today for major tokens have plunged painting the market charts red today; Bitcoin, Ethereum, and Cardano slip over 3%.
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Crypto Prices Today: Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polygon (MATIC)

Crypto Prices Today: The market is trading in red today, as most of the significant coins see a decline.

As of writing, Bitcoin price decreases by 3.33% in the last 24 hours. Crypto prices today for Ethereum decreases by 3.33%. Cardano price fell by 4.00%. Solana price drops by 2.39%. Polygon is down by 7.37%. Polkadot price dips by 4.54%.

The meme cryptos also see a decrease in the last 24 hours. Dogecoin price plunged by 3.87% whereas Shiba Inu price dropped by 4.91%.

The global crypto market cap stands at 1.10 trillion USD, a decrease of 2.73% over the past day. The total crypto market volume in the last 24 hours increased by 10.23% and is currently at 68.48 billion USD.

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The top 4 crypto for today are:

1. Bitcoin (BTC) decreases by 3.33%

The world’s largest crypto, Bitcoin decreases by 3.33% in the last 24 hours, thus, taking the market cap to 465.31 billion USD. Each BTC is trading for 24,110 USD. The crypto which crossed the 25k mark in the last 24 hours is again seeing a pullback. Traders were ecstatic about the massive Bitcoin rally, however, 25k seems to be a resistance mark for Bitcoin.

Trading volume in the last 24 hours is up by 19.63%. The dominance of Bitcoin has decreased by 0.09% compared to the previous day and stands at 42.47%. Source: coinmarketcap

2. Ethereum (ETH) decreases by 3.33%

The second largest crypto, Ethereum price falls by 3.33% in the last 24 hours. The market cap for Ethereum is 201.12 billion USD. Trading volume increases by 25.77% over the previous 24 hours. Each ETH token is trading for 1,643 USD as it sees a tremendous pullout in the last 24 hours. Source: coinmarketcap

Also read: Don’t Short Bitcoin (BTC) Yet, Watch Out These Two Key Support Areas

3. Cardano (ADA) decreases by 4.00%

With a drop of 4.00% in the Cardano price during the last 24 hours, the market cap for the crypto is at 13.37 billion USD. Whereas trading volume is seeing a jump of 14.69%. Each ADA token is trading for 0.3861 USD. Source: coinmarketcap

4. Polygon (MATIC) decreases by 7.37%

Polygon price is seeing a massive dip of 7.37% in the last 24 hours and each MATIC token is trading for 1.36 USD. The market cap for this crypto is currently at 11.87 billion USD. Trading volume is hiking by 37.96% over the last day. Polygon is an Ethereum layer 2 scalability platform and has been rallying with Ethereum in the past month, however, it is seeing a huge drop today. Source: coinmarketcap

Also read: Blur Will Distribute 300 Million Tokens To NFT Traders, But There’s A Catch

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Shourya Jha

Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at shourya@coingape.com

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