Cryptocurrency: Mixed trend seen in the crypto market, Ether slips on gains in Bitcoin, Solana, Polkadot

Posted on 12th Sep 2022 06:21 pm by rohit kumar

The price of cryptocurrencies has seen a sluggishness during the last 24 hours. The global cryptocurrency market cap is showing a slight increase of 0.09% from Sunday's level. It is made over a trillion dollars. The global cryptocurrency market has a market cap of 1.06 trillion as per the coin market cap. The total volume of the cryptocurrency market stood at 68.40 billion during the last 24 hours. It is showing a decrease of 6.41% from Sunday's level. In this, the dominance of bitcoin continues with a share of 39.48%. It has declined by 0.69% during the last day.

 

Bitcoin, Ethereum, and BNB

 

Bitcoin, Ethereum, and BNB have shown a positive trend during the last 24 hours. Bitcoin is trading up 2.02% at $22,065. BNB on Binance Smart Chain is up 0.48%. Ether on the Ethereum blockchain network is showing a slight gain of 0.06%. This crypto token is trading at $1,763.

 

This is the position of USDT, USDC, BUSD, and DAI

 

Cryptos such as Stablecoin USDT, BUSD, and USDC have seen slippage during the past 24 hours. There is an increase in DAI. The USDT Tether stable coin has lost 0.01% over the past 24 hours. It is trading on one dollar. At the same time, USDC Stablecoin is trading at $ 0.9998 with a weakness of 0.02%. The Binance USD or BUSD is down by 0.06% over the past 24 hours. Stablecoin is trading at 0.9997 while Stablecoin DAI is trading at a dollar rate with a gain of 0.07%.

 

Layer One Blockchain Token Status

 

The Solana, Avalanche, and Cardano cryptocurrencies of the Layer One blockchain network are showing a downtrend over the past 24 hours. Ripple is down 0.09%. Cardano ADA token is up 0.12%. The Solana Blockchain Network's SOL showed an increase of 2.16%. Avalanche AVAX has shown a growth of 0.68%.

 

Polkadot and Polygon

 

Polkadot and the native cryptocurrency DOT have also shown growth. On the other hand, Polygon native crypto token Matic has shown a decline during the last 24 hours. While the DOT token is up by 0.68%, the Polygon Matic crypto token has shown weakness of 0.56% during the 24 hours. Memecoins also have a weak trend. Dogecoin is down 0.79% while Shibu Eine is down 1.28%.

 

Also Read: Pakistan Food Crisis: What happened in Pakistan? Tomato is being sold at Rs 500 a kg, onion at Rs 400 a kg

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