Cryptocurrency markets around the world are seeing a decline on Monday. During this period, the world's largest cryptocurrency, Bitcoin, fell by up to one percent. Bitcoin is currently trading at $22151.
According to crypto market experts, if the bulls are successful in the market, then in the coming time bitcoin can touch the level of 24000 dollars. Large market investors are assuming that the US Fed will be able to control inflation, due to which buyer sentiment in the crypto market seems to be changing.
While most of the crypto markets saw slight weakness on Monday, Uniswap saw a rise of three percent.
Ethereum, the world's second-largest cryptocurrency, also saw a decline of up to two percent during the last 24 hours. Ethereum had seen a 50% increase during the last ten days before this fall. It is currently trading at $1536. Let us tell you that so far this year, Ethereum has registered a decline of up to 58% percent.
Ethereum's all-time high is $4878, from which it is still trading well behind. Digital currencies such as Shiba Inu, Dogecoin, XRP, Solana, BLB, Litecoin, Stellar, Chainlink, Tron, Appcoin, Avalanche, Polkadot, Polygon, and Tether have seen losses during the last 24 hours. At the same time, the UniSwap cryptocurrency gained up to three percent.
Overall, the NFT market has seen a decline of up to two percent during the last 24 hours. During this period, the market cap of the cryptocurrency market stood at $1.06 trillion.
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