Cryptocurrency Market Update: BNB, XRP, Cardano, and Dogecoin Down, Worldcoin, Pendle, and Bittensor Up
Cryptocurrency prices have taken a hit with popular tokens like BNB, XRP, Cardano, and Dogecoin all trading lower than last week. However, there are some outliers like Worldcoin, Pendle, and Bittensor that have seen slight gains.
Bitcoin, the leading cryptocurrency, has lost 3.09% in the last 24 hours and is currently trading at $58,895.20. Ethereum, the second most popular token, is down 3.60% from yesterday and is trading at $3,231.15. Both Bitcoin and Ethereum have seen a decline in their market capitalization.
Other prominent cryptocurrencies like BNB, XRP, Cardano, and Dogecoin are also facing losses, with prices dropping between 4-6% from last week. Solana, Polka Dot, Shiba Inu, and Polygon are also trading lower than last week.
On the positive side, Worldcoin, Pendle, and Bittensor are among the top gainers of the day, showing an increase in their prices. Stablecoins like Tether and USD Coin are holding steady, while some DeFi tokens and NFT tokens are experiencing fluctuations in their prices.
Overall, the global crypto market cap stands at $2.22 trillion, marking a 3.42% increase over the last day. The total crypto market volume has surged by 43.64%, indicating a significant increase in trading activity. Investors and traders are closely monitoring the market as the cryptocurrency landscape continues to evolve.
