What’s the story
Bitcoin has shed 3.75% over the last 24 hours, trading at $61,790.37. It is 12.38% lower than the previous week.
The second most popular token, Ethereum, has dropped 3.12% from yesterday to trade at $3,022.59. It has fallen 15.07% from last week.
The market capitalization of Bitcoin and Ethereum is now at $1,214.36 billion and $363.55 billion, respectively.
What about the movement of other popular cryptocurrencies?
BNB is trading at $551.70, up 1.50% from yesterday and 10.04% from last week.
XRP is currently trading at $0.44 after falling down 0.45% in the last 24 hours. It is 19.42% down from last week.
Cardano and Dogecoin are trading at $0.44 (down 2.05%) and $0.11 (down 5.55%), respectively.
Solana has gone down by 21.87% since last week
Solana, Polka Dot, Shiba Inu, and Polygon are currently trading at $135.87 (down 3.62%), $6.67 (down 1.45%), $0.000022 (down 2.63%), and $0.66 (down 4.24%), respectively.
Based on the weekly chart, Solana is down 21.87%, while Polka Dot has fallen 20.33%.
In the past week, Shiba Inu’s value has decreased by 19.62%, whereas Polygon has lost 23.15%.
Here are our top 5 gainers of the day
The top five gainers on the basis of the 24 hourly movement are Bitget Token, Injective, Sui, Chiliz, and Axelar. They are trading at $1.27 (up 7.14%), $26.05 (up 4.26%), $1.27 (up 3.02%), $0.11 (up 2.27%), and $1.17 (up 1.73%), respectively.
How have the popular stablecoins performed?
A stablecoin is an extremely low volatile cryptocurrency. Its value is tied to a physical asset like fiat currency or gold.
Among the popular tokens, Tether and USD Coin, are trading at $1 (up 0.01%) and $1 (up 0.02%), respectively.
Today’s top 5 losers
The biggest losers of the day are Core, THORChain, Ethena, dogwifhat, and Celestia. They are trading at $2.13 (down 12%), $4.61 (down 10.39%), $0.99 (down 10.26%), $2.46 (down 9.82%), and $9.91 (down 9.76%), respectively.
Take a look at the leading DeFi tokens
DeFi or decentralized finance is an umbrella term for global, peer-to-peer financial services on public blockchains.
Some of the popular DeFi tokens are Avalanche, Chainlink, Internet Computer, Dai, and Uniswap.
They are trading at $34.55 (down 1.27%), $13.34 (down 1.19%), $12.20 (down 0.97%), $0.99 (down 0.01%), and $7.11 (down 0.71%), respectively.
Top 5 NFT tokens
Non-fungible tokens (NFTs) are cryptocurrencies that lack the attribute of fungibility, due to which they cannot be exchanged for one another.
Internet Computer, Stacks, Render, Immutable, and Theta Network are among the prominent NFT tokens.
They are currently trading at $12.15 (down 1.85%), $2.31 (down 3.32%), $7.82 (down 4.82%), $1.92 (down 0.75%), and $2.02 (down 1.20%), respectively.
Total cryptocurrency market capitalization
The current global crypto market cap is $2.24 trillion, a 3.31% increase over the last day.
The total crypto market volume over the last 24 hours is $97.03 billion, which marks a 6.2% increase.
Last month, the global crypto market cap was $2.59 trillion, compared to $1.68 trillion three months ago.
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