Crypto Prices Today: The market is trading in red today, as most of the significant coins see a decline. The U.S. GDP growth slows down in the 4th quarter of 2022, as compared to 2021. The growth rate was expected to be at 2.9%, however, it has come slightly down to 2.7%.
As of writing, Bitcoin price decreases by 1.98% in the last 24 hours. Ethereum price decreases by 1.11%. Crypto prices today for Cardano fell by 2.91%. XRP is down by 2.01%. Solana price drops by 2.45%. Polygon is down by 4.21%. Polkadot price dips by 3.95%.
The meme cryptos also see a decrease in the last 24 hours. Dogecoin price plunged by 2.08% whereas Shiba Inu price dropped by 4.31%.
The global crypto market cap stands at 1.09 trillion USD, a decrease of 1.57% over the past day. The total crypto market volume in the last 24 hours decreased by 8.66% and is currently at 56.22 billion USD.
With a drop of 2.91% in the Cardano price during the last 24 hours, the market cap for the crypto is at 13.17 billion USD. Whereas trading volume is seeing a jump of 19.75%. Each ADA token is trading for 0.3801 USD.
Polygon price is seeing a massive dip of 4.21% in the last 24 hours and each MATIC token is trading for 1.34 USD. The market cap for this crypto is currently at 11.71 billion USD. Trading volume is falling by 30.88% 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.
Also read: Hedera Transactions Surge to Record High, Bullish HBAR Price Action Coming?
XRP Price slips by 2.01% in the last 24 hours and each XRP token is trading for 0.3883 USD. The market cap for this crypto is currently at 19.78 billion USD. Trading volume is down by 19.93% over the last day.
The second largest meme crypto, Shiba Inu falls by 4.31% over the past 24 hours. Each SHIB token is currently trading at 0.00001302 USD. The market cap has come down to 7.15 billion USD and trading volume dips by 34.98%.
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