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Crypto Price Today: Shiba Inu, Dogecoin, Solana drop up to 5%; Tron gains

New Delhi: Crypto market continued to slide on Wednesday as recession fears deepened. Further, rising inflation is hinting that the hawkish US Fed is unlikely to cool its stance anytime soon.

For Bitcoin, $20,000 is the key psychological level. If it is breached substantially, the bear grip in the crypto market is likely to tighten and crypto winter may deepen further.

Barring the dollar-pegged USD Coin and Tron, all other crypto tokens were trading in the red on Wednesday. Shiba Inu and Solana plunged about 5 per cent each, whereas Dogecoin dropped over 3 per cent.



The global cryptocurrency market cap was trading at the $911.52 billion mark, down more than 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume was up by over a per cent at $57.31 billion.

What’s cooking in India
The income tax department on Tuesday said both buyers and sellers will have to withhold taxes for transactions involving an exchange of one virtual asset for another.

Issuing a further set of clarification, the Central Board of Direct Taxes (CBDT) also said according to section 194S of the I-T Act, the buyer will have to deduct tax in a peer-to-peer transaction of virtual digital assets (VDA).

Expert take
The looming fear of Three Arrow Capital defaulting on its loan has come true. Voyager Digital, a digital asset brokerage, reported that the fund has failed to repay a loan of $350 million in USDC, U.S. dollar-pegged stable coin, and 15,250 bitcoins, said WaxirX Trade Desk.

“The effects of default will be much more concerning if there is a decrease in liquidity on Voyager. Voyager has already taken action to fight this concern,” it added.

Global Updates

  • CEO Whit Gibbs and Chief Financial Officer Jodie Fisher have resigned, effective immediately, from bitcoin mining hosting and brokerage services firm Compass Mining, the company said in an emailed statement.

  • Canada-based investment firm Cypherpunk Holdings has dumped all of its bitcoin and ether holdings to ride out the current market risks.

  • CoinFLEX CEO Mark Lamb claims noted crypto investor Roger Ver owes the physical futures crypto exchange $47 million in USDC. Lamb made his allegation public Tuesday on Twitter, shortly after Ver denied “some rumors” he was involved with the default.

Tech view by BuyUcoin cryptocurrency exchange
SHIB price dipped even after 400 trillion tokens were burned. SHIB growth has been fueled mainly by speculation and supportive tweets by Elon Musk. Cypto.com has also removed SHIB from its earn program which may have hurt the investor sentiment around the meme coin and resulted in a 5 per cent drop in its prices during the day trade.

The growth momentum of SHIB will continue if it finds a real-world use case or is integrated into the global payment system. As of now, SHIB will witness price fluctuations mainly driven by speculations.

(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)


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Crypto Price Today: Shiba Inu, Dogecoin, Solana drop up to 5%; Tron gains

New Delhi: Crypto market continued to slide on Wednesday as recession fears deepened. Further, rising inflation is hinting that the hawkish US Fed is unlikely to cool its stance anytime soon.

For Bitcoin, $20,000 is the key psychological level. If it is breached substantially, the bear grip in the crypto market is likely to tighten and crypto winter may deepen further.

Barring the dollar-pegged USD Coin and Tron, all of the other crypto tokens were trading in the red on Wednesday. Shiba Inu and Solana plunged about 5 per cent each, whereas Dogecoin dropped over 3 per cent.



The global cryptocurrency market cap was trading at the $913.70 billion mark, dropping more than a per cent in the last 24 hours. However, the total cryptocurrency trading volume was flat, up by a per cent at $56.35 billion.

What’s cooking in India
The income tax department on Tuesday said both buyers and sellers will have to withhold taxes for transactions involving an exchange of one virtual asset for another.

Issuing a further set of clarification, the Central Board of Direct Taxes (CBDT) also said according to section 194S of the I-T Act, the buyer will have to deduct tax in a peer-to-peer transaction of virtual digital assets (VDA).

Expert take
The looming fear of Three Arrow Capital defaulting on its loan has come true. Voyager Digital, a digital asset brokerage, reported that the fund has failed to repay a loan of $350 million in USDC, U.S. dollar-pegged stable coin, and 15,250 bitcoins, said WaxirX Trade Desk.

“The effects of default will be much more concerning if there is a decrease in liquidity on Voyager. Voyager has already taken action to fight this concern,” it added.


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Crypto Crash Latest News Today 6/28: Shiba Inu (SHIB), Dogecoin, Solana, DOT, AVAX, XRP, Matic fall up to 8%

Crypto Crash Latest News (28th June): Prices of most of the top cryptos have dropped in the last 24 hours. Meanwhile, the global cryptocurrency market cap decreased by 1.82 per cent to $933 billion over the last day, according to CoinMarketCap data at the time of writing (11.30 am, India time).

The global crypto market volume over the last 24 hours was $56 billion, down 10.47 per cent from the previous day. Bitcoin dominance has dropped to 42.5 per cent.

Bitcoin (BTC) price decreased by around 2 per cent in the last 24 hours. At the time of writing, BTC was trading at $20,770. In the last 7 days, BTC price has decreased by 0.49 per cent. 

Crypto Rupe Index Change

Crypto Rupee Index (CRE8) by CoinSwitch decreased 0.86 per cent in the last 24 hours to Rs 2343 at the time of writing. CRE8 tracks crypto market performance in INR.

Top Crypto Prices on June 28

Ethereum (ETH): Ethereum price decreased by around 3 per cent to $1186 in the last 24 hours. In the last 7 days, ETH price has increased by over 3 per cent. It is currently ranked second largest crypto asset in terms of market capitalisation.  

Binance (BNB): Binance Chain coin’s price decreased by 1.13 per cent to $234 in the last 24 hours. In the last 7 days, BNB price has increased by more than 5 per cent. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price decreased by 4.11 per cent to $0.3459 in the last 24 hours. In the last 7 days, XRP price has increased by over 5 per cent. It is currently ranked as 7th biggest crypto in terms of market capitalisation.  

Solana (SOL): Solana price decreased by around 5.25 percent to $37.9 in the last 24 hours. In the last 7 days, SOL price has increased by 1.59 per cent. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.  

Cardano (ADA): Cardano token’s price decreased by 3 per cent to $0.484 in the last 24 hours. In the last 7 days, ADA price has decreased by 3.33 per cent. It is currently ranked as 8th biggest crypto asset in terms of market capitalisation.  

Dogecoin’s (DOGE) price has increased by around 15 per cent in the last 7 DAYS. However, in the last 24 hours, DOGE is down 8 per cent. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.07087.

The price of Polkadot (DOT) decreased by 4 per cent to $7.64. Avalanche (AVAX) price also fell around 4 percent to $19.32 in the last 24 hours. Both DOT and AVAX are currently ranked 11th and 17th respectively on CoinMarketCap. 

Polygon (Matic) price decreased by around 7 percent to $0.5235 in the last 24 hours. In the last 7 days, MATIC has jumped over 21 per cent.  It is currently ranked 18th on CoinMarketCap. In the last 7 days, Matic has jumped 52 percent. 

Shiba Inu (SHIB) price dropped 6.26 per cent in the last 24 hours to $0.00001075. SHIB has jumped nearly 30 per cent in the last 7 days. It is currently ranked 14th on CoinMarketCap.

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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Cryptocurrency Price Today: Crypto Price Today: Shiba Inu, Dogecoin zoom up to 21%; Bitcoin holds $20,000

New Delhi: Crypto market was trading mixed on Wednesday morning amid lack of fresh triggers. Investors, however, preferred profit booking than raising their hopes about a long-term rebound.

Bitcoin dipped marginally but sustained above $20,000, whereas Ethereum was also under some pressure. Market experts see the volatility in the crypto market to continue in the near term.

The top tokens in the crypto cart were trading mixed on Wednesday. Memecoins like Shiba Inu rose over 21 per cent, whereas Dogecoin surged 8 per cent. Cardano and Polkadot plunged close to 4 per cent each.



The global cryptocurrency market cap was trading around the $900 billion mark, dropping marginally by less than a per cent in the last 24 hours. However, the total cryptocurrency trading volume plunged merely over a per cent to $70.75 billion.

What’s cooking in India
Job postings for cryptocurrency, blockchain and NFTs have grown 804 per cent between April 2020 to April 2022, according to a report by a global job portal. It also revealed an acceleration in the market’s demand. In 2022, the increase was 315 per cent.

The Covid-19 pandemic has fast-tracked the adoption of technology across functions in India, technology professionals are more in demand than ever before, especially with expertise in newer areas like cryptocurrency, NFTs and blockchain, the report showed.

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Crypto Crash Latest News Updates 6/19: Bitcoin crashes to $18,000; Ethereum price falls below $1000

Crypto Crash Latest News (19th June): Crypto markets appear to have landed in a  non-stop free fall in the last few days. The global cryptocurrency market cap has fallen to nearly $800 billion amid the ongoing crash while the price of Bitcoin has touched a record low of $18,000 and Ethereum is now trading below $1000.

At the time of writing, the global crypto market cap was $818 billion, down 8 percent over the last day, according to data on CoinMarketCap at 9.47 am, India time. 

The crypto markets showed some signs of recovery on Thursday (June 16th) while several top coins registered gains of over 10 per cent. However, amid weak global cues and falling traditional financial markets, cryptos are also facing the downturn. 

The global crypto market volume was $76 billion, up 55 percent over the last 24 hours, indicating a massive sell-off of crypto assets by traders. 

Bitcoin dominance has dropped to 42.86 percent, according to data on CoinMarketCap, which tracks 19866 cryptos and 527 exchanges. 

Bitcoin (BTC) price has dropped by 33 percent in the last 7 days and around 10 percent in the last 24 hours. At the time of writing, BTC was trading at $18,475.

ALSO READ | Will crypto bounce back in 2022? Here’s what experts say 

Crypto Rupe Index Change

Crypto Rupee Index (CRE8) by CoinSwitch increased over 15 percent in the last 24 hours to Rs 1989.  CRE8 tracks crypto market performance in INR.

Top Crypto Prices on June 16

Ethereum (ETH): Ethereum price has decreased nearly 11 percent to $960 in the last 24 hours. In the last 7 days, ETH price has decreased by around 35 percent. It is currently ranked second largest crypto asset in terms of market capitalisation.  

Binance (BNB): Binance Chain coin’s price decreased by around 9 percent to $193 in the last 24 hours. In the last 7 days, BNB price has decreased by 25 percent. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price decreased by 5% percent to $0.3024 in the last 24 hours. In the last 7 days, XRP price has decreased by 12 percent. It is currently ranked as 8th biggest crypto in terms of market capitalisation.  

Solana (SOL): Solana price increased  by around 1 percent to $30.38 in the last 24 hours. In the last 7 days, SOL price has decreased by 6 percent. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.

Cardano (ADA): Cardano token’s price fell by around 8 percent to $0.44 in the last 24 hours. In the last 7 days, ADA price has decreased by 14 percent. It is currently ranked as 7th biggest crypto asset in terms of market capitalisation.  

ALSO READ | Why cryptocurrency markets crashed this month

Popular memecoin Dogecoin’s (DOGE) price decreased by around 8 percent in the last 7 DAYS. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.05221.

Price of Polkadot (DOT) decreased by 4 percent to $6.94 while  Avalanche (AVAX) price also fell by 10 percent to $14.29 in the last 24 hours. Both DOT and AVAX are currently ranked 10th and 17th respectively on CoinMarketCap. Polygon (Matic) price decreased by around by 15 percent to $0.3316 in the last 24 hours. It is currently ranked 22nd on CoinMarketCap. 

Meanwhile, Tron (TRX) price has decreased by around 20 percent in the last 7 days to $0.0601. It is currently ranked 13th on CoinMarketCap. 

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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Crypto Crash Latest News Update 6/14: Bitcoin, Ethereum, Solana, Cardano, DOT, DOGE, XRP, BNB fall upto 15%

Crypto Crash Latest News (14th June): Top cryptocurrencies have suffered worst price drop of 2022 as the global crypto market cap fell below the $1 trillion mark. This is the first time since January 2021 when the global crypto market cap is below $1 trillion. In fact, around $100 billion has been wiped out from the crypto markets in a day. The global crypto market cap has fallen to $912 billion, down from the $1.04 billion recorded yesterday morning. 

At the time of writing, almost every top crypto was in the red with prices of many touching new lows in the last 24 hours, according to CoinMarketCap data (9.10 am, India time). 

Bitcoin (BTC) price has dropped by 14 percent percent in the last 24 hours to $21,966. The top crypto’s dominance has decreased nearly 2 percent to 45 percent of the total crypto market. In the last 7 days, Bitcoin price has decreased by massive 26 percent. 

Meanwhile, the total cryptocurrency market volume over the last 24 hours increased by 62 percent to $153 billion, indicating massive sell-off of crypto holdings by investors. The total volume in DeFi was $10.55 billion, which is 7 percent of the total crypto market 24-hour volume. Stable coins volume was $136 billion, which is 89 percent of the total crypto market 24-hour volume. 

Why market crashed?

The massive sell-off in crypto markets was triggered due to fears of another systemic threat after crypto lending service Celsius announce pausing withdrawals due to “extreme” market conditions. 

“Bitcoin and the overall Crypto markets bled heavily with BTC falling by over 10% in a single day and dropping below the $21K level as the Dollar Index(DXY) continues to strengthen. The weekly trend for the BTC has broken below the triangle pattern and has fallen below its last support of $24,000,” analysts at WazirX Trade Desk shared in a note. 

ALSO READ | Why crypto markets fell

“The next  immediate and  key support is expected at $19,000. The market sentiment has dipped to a new fear level of 8, the lowest in almost 2 years. The crypto markets could lose more ground if the Dollar Index stays strong and the Stock market continues to correct,” they added. 

Crypto Rupe Index Change

Crypto Rupee Index (CRE8) by CoinSwitch fell 27 percent in the last one day to Rs 2245.  CRE8 tracks crypto market performance in INR the time of writing, the index was down by Rs 829 in 24 hours. CRE8 is an Indian Rupee denominated crypto index reflecting Indian marketing conditions. Read more about CRE8 here)

Top Cryptocurrency Prices on June 13

Ethereum (ETH): Ethereum price has dropped 15 percent to $1159 in the last 24 hours. In the last 7 days, ETH price has decreased by 34 percent. It is currently ranked second largest crypto asset in terms of market capitalisation.  

Binance (BNB): Binance Chain coin’s price decreased by 10 percent to $217 in the last 24 hours. In the last 7 days, BNB price has decreased by 24 percent. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price decreased by 6 percent to $0.3134 in the last 24 hours. In the last 7 days, XRP price has decreased by 20 percent. It is currently ranked as 8th biggest crypto in terms of market capitalisation.  

Solana (SOL): Solana price decreased  by 4 percent to $28.14 in the last 24 hours. In the last 7 days, SOL price has decreased by 29 percent. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.  

Cardano (ADA): Cardano token’s price decreased by 2 percent to $0.4711 In the last 24 hours. In the last 7 days, ADA price has decreased by 21 percent. It is currently ranked as 7th biggest crypto asset in terms of market capitalisation.  

Popular memecoin Dogecoin’s (DOGE) price decreased by 10 percent in the last 24 hours. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.05464.

Price of Polkadot (DOT) decreased to $7.16 while  Avalanche (AVAX) price was down by 2 percent to $16.26 in the last 24 hours. Both DOT and AVAX are currently ranked 11th and 16th respectively on CoinMarketCap. Polygon (Matic) price fell by 10 percent to $0.4258 in the last 24 hours. It is currently ranked 18th on CoinMarketCap. 

Meanwhile, Tron (TRX) price has also decreased by 18 percent in the last 24 hours to $0.06072. It is currently ranked 13th on CoinMarketCap. 

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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Cryptocurrency prices today: Bitcoin, ether, shiba inu drop. Check latest rates here

The cryptocurrency market today is trending lower with Bitcoin price today plunged below $30,000 level following a brief uptick just earlier this week. The world’s largest and most popular cryptocurrency dropped to a whopping 2.9% and was trading at $29,276.07. Notably, the digital token is down more than 35% so far this year (YTD), and is trading far below its record high of $69,000 it had hit in November last year. The total cryptocurrency trading volume in the last 24 hours is at $68.2 billion with bitcoin dominance at 44.7% and ethereum dominance is at 16.2%.

Additionally, ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, dropped even further to 6.9% trading at $1,673.61. Dogecoin is trending below 4.1% today trading at $0.076157 and Shiba Inu also dropped to 3.4% to $0.00001024. 

Other digital tokens witnessed mixed performance with Cardano and Polkadot seeing a steep dip. Stellar, Uniswap, XRP, Tron, Tether, Solana, Avalanche, Polygon, Chainlink, Terra Luna Classic also witnessed a mixed performance in the last 24 hours.

Meanwhile, the chief Economic Adviser V Anantha Nageswaran on Thursday said cryptocurrencies are akin to ‘a world of Carribean pirates’ in the absence of a centralised regulatory authority and is yet to pass the test of a fiat currency.

He said that the government is pursuing a ‘high-wire balancing act’ to ensure that the gains in growth, inflation, rupee stability of the last four years are not frittered away.

He said the recent development in Terra-Luna cryptocurrency, which witnessed a massive meltdown last month, is a ‘very important cautionary tale’.

“I wouldn’t be very excited by them (cryptocurrency) because sometimes we may not be fully aware or comprehend the kind of forces we are unleashing ourselves. So I would be somewhat guarded in my welcome of some of these FinTech-based disruptions like Decentralised Finance (DeFI) and crypto etc,” Nageswaran said.

He further said that unlike fiat money, crypto currencies cannot satisfy basic requirements such as having store value, widespread acceptability and unit of account.

Nageswaran said that he agreed with RBI Deputy Governor T Rabi Sankar who had been saying that as of now there appeared to be a case of ‘regulatory arbitrage’ with regard to cryptocurrencies and decentralised finance rather than a case of true financial innovation.

“The more decentralised they become and the absence of a watchdog or a centralised regulatory authority also means that there is a world of Carribean pirates or a world of ‘winner take all’ in terms of being able to really taking it all from somebody else,” he noted.

The government is working on a consultation paper on cryptocurrencies and is taking inputs from various stakeholders and institutions, including World Bank and IMF.

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Top cryptocurrency prices today 6/10: Matic, Solana, Polkadot, BNB, Avalanche gain up to 6%; Cardano down

Top cryptocurrency prices today (10th June): The European banks’ decision to hike interest rates spooked the global financial as well as the crypto markets. At the time of writing, the global crypto market cap was at $1.24 trillion while prices of most of the top cryptos were in the green once again, according to CoinMarketCap data at 11.15 am. 

Bitcoin (BTC) price has dropped 0.76 percent in the last 24 hours to $30,131. The good news, however, for Bitcoin investors is that the top crypto is holding on to the above $30,000 level. In the last 7 days, Bitcoin price has decreased by 1.21 percent. 

Meanwhile, the total cryptocurrency market volume over the last 24 hours declined by 10.42 percent to $58.78 billion. The total volume in DeFi was $6.22 billion, which is 10.58 percent of the total crypto market 24-hour volume. Stable coins volume was $50.68 billion, which is 86.22 percent of the total crypto market 24-hour volume. 

Meanwhile, Bitcoin’s dominance as the number one crypto asset decreased l marginally by 0.19 percent over the day to 46.34 percent. 

“We are seeing frequent short-term surges in volatility as market participants are trading within in a tight range because they are unsure of how the crypto market would react to macro-economic conditions. While long-term holders are doubling down on their BTC investments, retail investors still remain risk-averse in the current market,” Darshan Bathija, CEO and Co-Founder of crypto exchange Vauld told FE Online.

ALSO READ | 50,000 Bitcoins leave exchanges. Will BTC touch $34,000 by June end?

“Bitcoin dropped below US$30,000, taking the price back to its trading range since mid of May. BTC has lost nearly 12% in value over the last month and is down more than 35% from its all-time high. Most cryptos are facing a bit of drop after witnessing a growth the previous day. Crypto prices have declined this year, with the Federal Reserve hiking rates to combat inflation on one side and the crash of Terra on the other, which made investors pause a bit,” said Edul Patel, CEO and Co-founder of crypto investment platform Mudrex. 

Crypto Rupe Index CRE8

Crypto Rupee Index (CRE8) by CoinSwitch, which tracks crypto market performance in INR, has decreased by 0.28 percent over the day. At the time of writing, the index was at Rs 3144. CRE8 is an Indian Rupee denominated crypto index reflecting Indian marketing conditions. Read more about CRE8 here)

Top Crypto Prices on June 10

Ethereum (ETH): Ethereum price dropped by 0.52 percent to $1749 in the last 24 hours. In the last 7 days, ETH price has decreased by 1.64 percent. It is currently ranked second largest crypto asset in terms of market capitalisation.  

Binance (BNB): Binance Chain coin’s price increased by 1.41 percent to $292.52 in the last 24 hours. In the last 7 days, BNB price has decreased by 4.77 percent. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price increased by 1.35 percent to $0.4072 in the last 24 hours. In the last 7 days, XRP price has decreased by 0.12 percent. It is currently ranked as 7th biggest crypto in terms of market capitalisation.  

Solana (SOL): Solana price jumped  by 3 percent to $40.36 in the last 24 hours. In the last 7 days, SOL price has decreased by 1.15 percent. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.  

Cardano (ADA): Cardano token’s price decreased by 2.83 percent to $0.6306 In the last 24 hours. In the last 7 days, ADA price has increased by 6.88 percent. It is currently ranked as 6th biggest crypto asset in terms of market capitalisation.  

Popular memecoin Dogecoin’s (DOGE) price decreased by 1.02 percent in the last 24 hours. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.07938.

Price of Polkadot (DOT) increased by 2.58 percent to $9.32 while  Avalanche (AVAX) price gained 2.47 percent to $24.64. Both DOT and AVAX are currently ranked 11th and 15th respectively on CoinMarketCap. Polygon (Matic) price increased by 6 percent to $0.6522 in the last 24 hours. It is currently ranked 18th on CoinMarketCap. 

Meanwhile, Tron (TRX) price has also increased by 0.52 percent in the last 24 hours to $0.08149. It is currently ranked 13th on CoinMarketCap. 

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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Crypto Crash News Latest Update (6/2): Top cryptocurrency prices today fall; BTC, Cardano, ETH, SOL down upto 12%

Crypto Crash Update (2nd June): After rising to  $1.31 this week, the volatile global crypto market cap once again crashed to $1.23 trillion over the last day, according to CoinMarketCap data at the time of writing (11.28 am). The crypto market cap has decreased by 5 percent in the last 24 hours with prices of all top coins losing their gains in the last two days.

Bitcoin (BTC) price is once again below the $30,000 level, falling 5.34 percent in the last 24 hours. At the time of writing, Bitcoin price on global exchanges was $29,792.

The total cryptocurrency market volume over the last 24 hours increased by 11.24 percent to $96.23 billion. The total volume in DeFi was $7.34 billion, which is 7.63 percent of the total crypto market 24-hour volume. Stable coins volume was $83.23 billion, which is 86.49 percent of the total crypto market 24-hour volume. 

Top Crypto Prices

Several top crypto prices have decreased in the last 24 hours, including Bitcoin, Ethereum and others. Take a look:  

Ethereum (ETH): Ethereum price decreased by 5.76 percent to $1813 in the last 24 hours. In the last 7 days, ETH price has decreased by 6.08 percent. It is currently ranked second largest crypto asset in terms of market capitalisation.  

ALSO READ | Will Bitcoin rise again fast in 2022?

Binance (BNB): Binance Chain coin’s price  decreased by 5.59 percent to $301 in the last 24 hours. In the last 7 days, BNB price has decreased by 5.09 percent. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price increased by 6.04 percent to $0.3927 in the last 24 hours. In the last 7 days, XRP price has decreased by 2.63 percent. It is currently ranked as 6th biggest crypto asset in terms of market capitalisation.  

Solana (SOL): Solana price decreased by 13.15 percent to $38.25 in the last 24 hours. In the last 7 days, SOL price has decreased by 16.05 percent. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.  

Cardano (ADA): Cardano token’s price decreased by 5.97 percent to $0.5654 In the last 24 hours. In the last 7 days, ADA price has increased by 12.26 percent. It is currently ranked as 7th biggest crypto asset in terms of market capitalisation.  

ALSO READ | Why crypto is falling today

Popular memecoin Dogecoin’s (DOGE) price decreased by 5.57 percent in the last 24 hours. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.08096.

Prices of Polkadot (DOT) decreased by 7.84 percent to $9.46 while  Avalanche (AVAX) decreased by 8.36 percent to $23.38. Both DOT and AVAX are currently ranked 11th and 15th respectively on CoinMarketCap. Polygon (Matic) price decreased by 7 percent to $0.6015 in the last 24 hours. It is currently ranked 17th on CoinMarketCap. 

Meanwhile, Tron (TRX) price has decreased by 0.58 percent in the last 24 hours to $0.08236. It is currently ranked 13th on CoinMarketCap. 

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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Top Cryptocurrency Prices Today, May 20: After crypto crash, Bitcoin, ETH, Solana, ADA, Polkadot, Matic rise upto 6%

Top Cryptocurrencies of the World Prices Today in India (May 20, 2022): The global crypto market cap recovered 2.87% in the last 24 hours . At the time of writing, global crypto market cap was $1.28 trillion, as per data on CoinMarketCap. Bitcoin price has also breached the $30,000 barrier, reaching $30,161 at the time of writing.  

The global cryptocurrency market volume over the last 24 hours decreased by 0.46% to $82 billion. The total volume in DeFi was $7.42 billion, which is 9.04% of the total crypto market 24-hour volume. Stable coins volume was $72.98 billion, which is 88.94% of the total crypto market 24-hour volume. 

Bitcoin price increased by 3.31 percent in the last 24 hours. Meanwhile, Bitcoin’s dominance as top crypto asset increased by 0.14% to 44.83% over the day. Overall Bitcoin price has decreased by 1.4% in the last 7 days. 

No quick recovery

Even as Bitcoin and several other top altcoins recovered some of their lost price in the last one day, experts are of the view that quick recovery in the crypto markets is not going to happen soon. 

ALSO READ | How to keep your cryptos safe even if the exchange goes bankrupt

“Bitcoin, Ethereum and other altcoins were moving in tandem with the equities market. The bearish sentiment in Wall street fell over to the crypto markets as well. Just a day after US Federal Reserve Chairman Jerome Powell commented on how the 50-basis point rate hikes would continue to control inflation, markets reacted by taking a risk-off approach,” Darshan Bathija, CEO and Co-Founder of Vauld told FE Online. 

“A quick crypto market recovery would be unlikely if the macro-economic conditions don’t improve,” he added. 

Top Crypto Prices

Made with Flourish

Meanwhile, many of the top crypto prices increased in the last 24 hours. Take a look:

Ethereum (ETH): Ethereum price increased by 3.44% to $2021 in the last 24 hours. In the last 7 days, ETH price has decreased by 2.98%. It is currently ranked second largest crypto asset in terms of market capitalisation.  

Binance (BNB): Binance coin’s price  increased by 4.39% to $308 in the last 24 hours. In the last 7 days, BNB price has increased by 0.85%. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price decreased by 6.01% to $0.435 in the last 24 hours. In the last 7 days, XRP price has decreased by 2.02%. It is currently ranked as 6th biggest crypto asset in terms of market capitalisation.  

Solana (SOL): Solana price increased by 1.53% to $51.72 in the last 24 hours. In the last 7 days, SOL price has increased by 2.98%. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.  

Cardano (ADA): Cardano token’s price increased by 2.36% to $0.5331 In the last 24 hours. In the last 7 days, ADA price has decreased by 1.82%. It is currently ranked as 8th biggest crypto asset in terms of market capitalisation.  

Popular memecoin Dogecoin’s (DOGE) price dropped by 2.59% in the last 24 hours. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.0869.

Meanwhile, prices of Polkadot (DOT) and Avalanche (AVAX) increased by 2.71 and 0.35 per cent in the last 24 hours respectively. DOT and AVAX are currently ranked 11th and 13th on CoinMarketCap. Polygon (Matic) price increased by 2.53% to 0.6535 in the last 24 hours. It is currently ranked 17th on CoinMarketCap. 

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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