Cryptocurrency price today: Bitcoin, Shiba Inu, Cardano in red; majority tokens witness downtrend in last 24 hrs

Cryptocurrency costs are again within the purple on Wednesday morning. The worldwide cryptocurrency market cap has slipped 0.59 per cent and the worldwide cryptocurrency market cap stands at $929.03 billion. The full cryptocurrency market quantity over the past 24 hours stands at $53.96 billion, marking a 6.57 per cent uptrend. The amount of all stablecoins is $49.96 billion, 92.60 per cent of the whole crypto market 24-hour quantity.

Bitcoin, Ethereum, and BNB

Bitcoin, Ethereum, and BNB are within the inexperienced over the past 24 hours.

Bitcoin is buying and selling at $19,316 and is down by 1.12 per cent. Its dominance stands at 39.87 per cent, down by 0.21 per cent. Ethereum blockchain community’s native token Ether fell 1.91 per cent and is buying and selling at $1,306. BNB, the native cryptocurrency of Binance Sensible Chain, witnessed a downtrend of 0.55 per cent.

Stablecoins

Stablecoins didn’t present a lot volatility and remained pegged to $1.  

USDT Tether stablecoin confirmed 0.00 change in its worth over the past 24 hours and is buying and selling at $1. USDC stablecoin modified 0.00 per cent and can be buying and selling at $1.

Stablecoin DAI gained 0.02 per cent and is buying and selling at $1.  BinanceUSD or BUSD witnessed a 0.01 per cent optimistic change in its worth over the past 24 hours. The stablecoin can be buying and selling at $1.

Layer 1 blockchain tokens  

All high cryptos native to layer 1 blockchain networks like Ripple, Solana, Avalanche, and Cardano have proven destructive motion over the past 24 hours.

Solana blockchain’s SOL witnessed a 3.32 per cent downtrend, whereas Avalanche’s AVAX slipped 1.97 per cent. Cardano’s ADA confirmed 2.13 per cent downtrend. XRP Ripple fell 2.47 per cent.

Polkadot and Polygon

Polkadot’s native cryptocurrency, DOT, confirmed destructive motion whereas Polygon’s native crypto token, MATIC, showcased optimistic momentum.

DOT token is down by 1.46 per cent and Polygon’s MATIC crypto token has gone up by 0.27 per cent over the past 24 hours.

Memecoins

Memecoins showcased blended momentum. Dogecoin is up by 0.50 per cent, whereas memecoin Shiba Inu has fallen 1.98 per cent over the past 24 hours.

Total, majority of the highest cryptocurrency tokens have witnessed a downtrend from their earlier positions over the past 24 hours.

Additionally Learn: Cryptocurrency worth immediately: Bitcoin, Ethereum up however crypto market quantity falls 99% – BusinessToday

Additionally Learn: Cryptocurrency worth immediately: Cardano down 4%, Ripple slips 3% regardless of uptrend within the crypto markets   – BusinessToday