Crypto Prices Today: Bitcoin Falls Back To The 21k Mark, Ethereum Dips By 5.17%

Crypto Prices Today: After the SEC accused California-based Kraken crypto exchange of offering an unregistered crypto staking program, calling it a violation of the U.S. securities law, panic spread across the broader cryptocurrency market. This led to a fall in the prices of crypto.

As of writing, Bitcoin drops by 3.54% in the last 24 hours and falls back to the 21k mark. Ethereum drops by a massive 5.17%. Cardano is down by 6.47%. Polkadot decreases by 5.82%. Solana falls by 8.21%. Axie Infinity falls by double digits, that is, 13.00%.

The meme cryptos, Dogecoin is down by 6.40% in the last 24 hours. Shiba Inu dips by 6.61%.

The global crypto market cap stands at 1.02 trillion, a huge fall of 3.61% over the past day. However, the total crypto volume in the last 24 hours increased by 15.96% and stands at 73.95 billion USD.

The top 4 cryptos for today are:

1. Bitcoin (BTC) decreases by 3.54%

The world’s largest crypto, Bitcoin, is down by 3.54% which has taken the price of each BTC token back to 21,790 USD. The market cap for the crypto stands at 420.16 billion USD. Trading volume is by 6.24% over the last day. The dominance of Bitcoin has increased by 0.11% from yesterday and is at 41.42%. Source: coinmarketcap

2. Ethereum (ETH) decreases by 5.17%

The second largest crypto, Ethereum decreases by 5.17% in the last 24 hours. Each ETH token is trading for 1,538 USD. The market cap of this crypto is currently at 188.24 billion USD. However, trading volume is up by 12.88% over the last 24 hours. Source: coinmarketcap

Also read: SEC Commissioner Hester Peirce Denounces Agency’s Crackdown on Kraken’s Staking Service

3. Cardano (ADA) decreases by 6.47%

Cardano decreases by 6.47% in the last 24 hours and takes the market cap to 12.40 billion USD. Trading volume for this crypto increases by 18.86% as compared to the previous day. Each ADA token is selling for 0.3589 USD. Source: coinmarketcap

4. Axie Infinity (AXS) decreases by 13.00%

Axie Infinity is down by a massive 13.00% and each AXS token is trading at 10.13 USD. The market cap for this crypto stands at 1.02 billion USD. Trading volume is down by 35.29% in the previous 24 hours. Source: coinmarketcap

Also read: Crypto Crash Imminent?: Kraken Settles With SEC, Binance Halts US Dollar Transfers