Crypto Prices Today: Bitcoin (BTC) Falls By 2.26%, Shiba Inu (SHIB) Dips By 11.84% In The Last 24 Hours

Crypto Prices Today: The crypto market has decreased today following the news of the U.S. Department of Justice’s announcement to escalate pressure on significant players in the cryptosphere.

As of writing, Bitcoin decreases by 2.26% in the last 24 hours. Ethereum dips by 3.57%. Solana falls by 7.05%. Shiba Inu slashes by 11.84%. Dogecoin is down by 7.29%.

In the last 24 hours, Cardano drops by 5.38%. Polygon decreases by 6.22%.

The global crypto market cap stands at 968.79 billion USD, a decrease of 2.81% as compared to the previous day. The total crypto market volume in the last 24 hours is 60.24 billion USD, an increase of 24.64% as compared to the previous day.

The top 4 cryptos for today are:

Bitcoin (BTC)

Bitcoin, the largest crypto in terms of market capitalization, is down by 2.26% in the previous 24 hours. The market cap for Bitcoin stands at 400.167 billion USD. Trading volume is seeing an increase of 21.87% as compared to the last day. Each BTC is trading at 20,806.36 USD. Source: coinmarketcap

Shiba Inu (SHIB)

Shiba Inu was seeing a massive jump yesterday following the burn of SHIB tokens and the announcement of a metaverse temple to be coming for the community. However, this crypto has decreased by 11.84% in the past 24 hours. The market cap stands at 6.141 billion USD. Trading volume hiked by over 40% over the last day. Each SHIB token is trading for 0.00001118 USD. Source: coinmarketcap

Ethereum (ETH)

With a dip of 3.57% in the last 24 hours, the market cap for this crypto stands at 187.861 billion USD. However, trading volume is seeing an increase of 37.17% in the last 24 hours. Each ETH token is priced at 1,528.28 USD. Source: coinmarketcap

Also read: Top Reasons Why The Crypto Market Is Falling Today

Dogecoin (DOGE)

This meme coin crypto was seeing a major boost, the previous day. However, it has fallen by 5.29% as of writing. The market cap is at 10.437 billion USD. Trading volume increases by 63.89% over the last day. Each DOGE token is costing 0.08105 USD. Source: coinmarketcap

Conclusion

Crypto Prices Today: With the fall of major crypto exchanges and firms like FTX, the various departments in the U.S. are taking strict action on regulations. The market is entering the bullish momentum, however, the recent announcement has painted the charts red.

Also read: Crypto Giant Genesis To File For Bankruptcy As Early As This Week