Crypto Prices Today: Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Polkadot (DOT)

Crypto Prices Today: Statements made by the Federal Reserve, which suggest a willingness to raise interest rates or take other actions to control inflation have impacted the crypto market as Bitcoin and a few Altcoins fall today. 

As of writing, Bitcoin price decreases by 3.28% in the last 24 hours. Crypto prices today for Ethereum decreases by 1.43%. Cardano price fell by 3.17%. Solana price slashes by 4.27%. Aptos price drops by 11.37% and is the biggest loser in the last 24 hours. Polygon is up by 3.83%. Polkadot jumps by 1.73%. Filecoin price soared by 18.72% being the biggest gainer in the previous 24 hours. 

The meme cryptos are seeing a decrease in the last 24 hours. Dogecoin price plunged by 2.63% whereas Shiba Inu price dropped by 4.15%.

The global crypto market cap stands at 1.08 trillion USD, a decrease of 2.97% over the past day. The total crypto market volume in the last 24 hours increased by 10.06% and is currently at 80.87 billion USD.

The top 4 crypto for today are:

1. Bitcoin (BTC) decreases by 3.28%

The world’s largest crypto, Bitcoin decreases by 3.28% in the last 24 hours, thus, taking the market cap to 458.20 billion USD. Each BTC is trading for 23,749 USD. The crypto was seeing a boost of over 12% yesterday and reached near the 25k mark. Traders were ecstatic about the massive Bitcoin rally, however, the tough economic conditions seem to be pulling it back. 

Trading volume in the last 24 hours is up by 4.87%. The dominance of Bitcoin has decreased by 0.46% as compared to the previous day and stands at 42.20%. Source: coinmarketcap

2. Ethereum (ETH) decreases by 1.14%

The second largest crypto, Ethereum price falls by 1.14% in the last 24 hours. The market cap for Ethereum is 203.43 billion USD. Trading volume decreases by 2.61% in the last 24 hours. Each ETH token is trading for 1,662 USD as it heads towards crossing the 1700 mark. Source: coinmarketcap

3. Polygon (MATIC) increases by 3.83%

Polygon price is escalating by 3.83% in the last 24 hours and each MATIC token is trading for 1.42 USD. The market cap for this crypto is currently at 12.41 billion USD. Trading volume is hiking by a massive 56.15% over the last day. Polygon is an Ethereum layer 2 scalability platform and has been rallying with Ethereum in the past month as well. Source: coinmarketcap

4. Polkadot (DOT) increases by 1.73%

With an increase of 1.73% in the last 24 hours, the Polkadot price rise, and each DOT token is trading for 6.69 USD. The market cap stands at 7.74 billion USD. Trading volume increases by 18.10% compared to the previous day. Source: coinmarketcap