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Crypto Prices Today: The market is buying and selling in purple as we speak as Bitcoin, and Altcoins together with Ethereum see an enormous decline following SEC’s steady crackdown on crypto-related exchanges and banks. 

As of writing, Bitcoin value has plummeted by 7.94% within the final 24 hours. Ethereum price decreases by 7.62%. Crypto costs as we speak for Cardano fell by 3.57%. XRP has slashed by 4.04%. Solana value dropped by 7.63%. Polygon price is down by 4.08%. Polkadot price dips by 3.80%. Huobi Token dips by an enormous 21.21%. 

The meme cryptos have been seeing an enormous decline as effectively within the final 24 hours. Dogecoin price slashes by 8.24% whereas Shiba Inu price drops by 9.18%.

The international crypto market cap stands at 931.99 billion USD, slipping down by 60 billion in a mere 24 hours, a lower of 6.59% over the previous day. The whole crypto market quantity within the final 24 hours elevated by 46.85% and is presently at 65.70 billion USD.

The high 4 crypto for as we speak are:

Bitcoin (BTC) value dips by 7.94%

The world’s largest crypto, Bitcoin price decreases by 7.94% within the final 24 hours, thus, taking the market cap to 386.72 billion USD. Each BTC is buying and selling for 20,022 USD. The crypto which was seeing a turnover initially of the yr has been going through a tricky few weeks amid the financial situations and SEC’s crackdown. Trading quantity within the final 24 hours is up by 62.83% indicating poor curiosity from buyers. The dominance of Bitcoin has decreased by 0.72% in comparison with the day past and stands at 41.38%. Source: coinmarketcap

Also learn: EOS Parent Block.One Books $83 Million Loss on Silvergate Equity Position

Ripple (XRP) value dips by 4.04%

XRP Price slips by 4.04% within the final 24 hours and every XRP token is buying and selling for 0.3725 USD. The market cap for this crypto is presently at 18.97 billion USD. Trading quantity is down by 12.21% during the last day. Source: coinmarketcap

Cardano (ADA) value dips by 3.57%

With a drop of three.57% within the Cardano price over the last 24 hours, the market cap for the crypto is at 10.67 billion USD. Whereas buying and selling quantity is seeing a rise of 58.46%. Each ADA token is buying and selling for 0.3077 USD. Source: coinmarketcap

Huobi Token (HT) value dips by 21.21%

Within a span of simply 10 minutes, the worth of the Huobi token price plummeted by over 93%, dropping from 4.6 USD to a mere 0.31 USD. However, it has since regained some floor. Justin Sun got here in protection of this sudden value drop and claimed it was brought on by a “few users who triggered a chain of leveraged liquidations”. Each HT token is presently buying and selling at 3.82 USD. The market cap has come all the way down to 620.07 million USD and buying and selling quantity has escalated by 313.48%. Source: coinmarketcap

Also learn: Breaking: KuCoin Crypto Exchange Sued By NYAG Over Selling Securities

Shourya is a fintech fanatic who primarily studies on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect together with her at [email protected]

The introduced content material could embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability to your private monetary loss.