Today’s Crypto Market, BTC and ETH Losses Outweigh Gains
- Every coin in the market is passing through a dip of about 3 to 4%.
- Market cap has plunged to $1.22 trillion from $1.24 trillion.
Cryptocurrency started green and fresh as the day began but is ending in the red zone. Every other coin or token in the market is passing through a dip of about 3 to 4% in the hour. Though major crypto updates are pipelined in consecutive days, such as the Ethereum Shapella upgrade, the market is not experiencing any positive impact because of it.
From market pioneer Bitcoin (BTC) to other not-so-significant altcoins, the price has dropped. The overall market capitalization of cryptocurrencies has even plunged to $1.22 trillion from $1.24 trillion. Crypto names like Conflux (CFX), Optimism (OP), and Arbitrum (ARB) are on the losers list of CoinMarketCap.
Some major price changes to be remembered are,
| Crypto | From | To |
| Bitcoin (BTC) | $30,509.08 | $29,865.20 |
| Ethereum (ETH) | $1,927.23 | $1,860.04 |
| Solana (SOL) | $23.64 | $22.18 |
| Polygon (MATIC) | $1.13 | $1.09 |
| Dogecoin (DOGE) | $0.08571 | $0.08132 |
The trading volume has also fallen to $41 billion, a reduction of $3 billion in the overall 24 hours of trading. Crypto analysts consider this to be a little setback before the great push. The market sentiment is also positive, with the greed index at 65.
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Read more: https://thenewscrypto.com/todays-crypto-market-btc-and-eth-losses-outweigh-gains/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
