Major Coins Trading In Red; Ethereum (ETH), Bitcoin (BTC) Plummets

The major crypto tokens are back to trading in red today. After having a day of green charts and FTT boosting by 44%, the crypto prices has been a major disappointment today.

Ethereum has fallen by 1.30%. Bitcoin falls by 0.53%. Pancake Swap plunges by 0.45%. Terra Classic decrease by 0.81%. FTX Token downwards by 12.02%. Shiba Inu is down by 0.90%.

Hooked Protocol has soared by 17.62%. Axie Infinity is up by 5.95%.

The market cap of global crypto market is currently at 854.08 billion USD, a decrease of 0.85% over the last day. Total market volume has gone down by 17.68% and stands at 31.05 billion USD.

Ethereum (ETH)

Crypto prices today for Ethereum has gone down by 1.30% and the market cap stands at 154.37 billion USD. Every token costs 1265.97 USD. Trading volume is down by 29.04%.

Source: coinmarketcap

Bitcoin (BTC)

With a decrease of 0.53%, the market cap is 330.949 billion USD. BTC tokens are selling at 17,167.56 USD. Trading volume has seen a downfall of 17.14%.

Source: coinmarketcap

Terra Classic (LUNC)

A dip of 0.81% has taken Terra Classic tokens to 0.0001709 USD. The market cap is at 1.330 billion USD. Trading volume has decreased by 54.88%.

Source: coinmarketcap

FTX Token (FTT)

With a massive spike yesterday, FTX Token has plummet by 12.02% and each coin costs 1.64 USD. The market cap is 538.41 million USD. Trading volume has increased by 16.37%.

Source: coinmarketcap

Conclusion

It has been a hard year for the crypto prices, as the market had to deal with two major crash. The market still seems to be bearish. As we come closer to the end of the year, the change of year might pull up the prices a bit.

Shourya is a crypto fanatic who has developed interest in Business Journalism in the past few years. Currently, working as a writer with Coingape, Shourya is also an avid reader. Apart from writing, you can find her attending poetry shows, exploring cafes and watching cricket. As she says, “dogs are my home,” her first rescue of a dog was at the age of 7! She has constantly been speaking up for mental health and the rainbow pride.

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.