Bitcoin, Ethereum, Cardano Drops Over 2% As Crypto Market Cap Dips Below Trillion Mark

Crypto Prices Today: The market is trading in red today as Bitcoin, and Altcoins including Ethereum see a decline.

As of writing, Bitcoin price has decreased by 1.03% in the last 24 hours. Ethereum price decreases by 0.89%. Crypto prices today for Cardano fell by 1.65%. XRP is up by 2.96%. Solana price dropped by 5.78%. Polygon is down by 6.06%. Polkadot price dips by 1.82%.

The meme cryptos have been seeing a mixed reaction in the last 24 hours. Dogecoin price slashes by 1.40% whereas Shiba Inu price grew by 2.55%.

The global crypto market cap stands at 997 billion USD, slipping down from the trillion mark, a decrease of 1.48% over the past day. The total crypto market volume in the last 24 hours increased by 1.07% and is currently at 44.84 billion USD.

The top 4 crypto for today are:

1. Ripple (XRP) price rise by 2.96%

XRP Price slips by 2.96% in the last 24 hours and each XRP token is trading for 0.3872 USD. The market cap for this crypto is currently at 19.72 billion USD. Trading volume is up by 24.41% over the last day. Source: coinmarketcap

Also read: Nearly 40,000 Bitcoins Belonging to US Government Are on the Move

2. Cardano (ADA) price dips by 1.65%

With a drop of 1.65% in the Cardano price during the last 24 hours, the market cap for the crypto is at 11.06 billion USD. Whereas trading volume is seeing a rise of 9.43%. Each ADA token is trading for 0.3191 USD. Source: coinmarketcap

3. Polygon (MATIC) price dips by 6.06%

Polygon price is seeing a massive dip of 6.06% in the last 24 hours and each MATIC token is trading for 1.06 USD. The market cap for this crypto is currently at 9.22 billion USD. Trading volume is escalating by 7.02% 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

4. Solana (SOL) price dips by 5.78%

Solana price fell by 5.78% in the previous 24 hours. The market cap for this crypto stands at 7.10 billion USD. Each SOL token is trading at 18.55 USD. The trading volume has gone up 41.06% during the previous 24 hours. Source: coinmarketcap

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Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected] or tweet at Shourya_Jha7

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.