Cryptocurrency prices have had a slight reduction compared to yesterday’s trends. Most currencies are trading today after having a dip of 1% to 5% overheen the last 24 hours. However, the dip isn’t spil significant spil it wasgoed overheen the past week, where most of the cryptocurrencies spotted a decrease te value of approx. 15% to 25%.
The overall market capitalisation that had enlargened yesterday by $16 billion is back to square one today. At the uur of writing, the overall market cap wasgoed $278.72 billion. The 24-hour trading volume has also significantly decreased, going down at $12 billion. Compared to yesterday, the decrease is a whopping $Five billion
The positive thing for the entire crypto community is that the Security and Exchange Commission released a press statement that it doesn’t consider Bitcoin and Ethereum to be a security. This further strengthens the hold of both the coins on the crypto markets. Spil soon spil the announcement wasgoed made, it resulted ter a positive growth of almost all cryptos by 2% to 5%. Let’s take a look at how the coins have bot performing today.
Tether (USDT) witnessed a significant increase ter its market cap for the very first time ter almost a month. The last time it spotted such a hike wasgoed on May Legal, where it enlargened by overheen $200 million. Yesterday, at 23:Legitimate UTC, Tether’s market cap enlargened by $100 million.
The increase has had both negative and positive effects. Tether’s value had enlargened against the trade of Bitcoin by 1.6%. However, its 24-hour trading volume has plummeted by close to $800 million.
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Market cap: $Two.615 billion
24-hour volume: $Two.121 billion
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Dash coin had a fat fall yesterday at 16:45 UTC. The coin fell from a price of $269.Eighteen to $256.Sixty-nine te a matter of a few minutes. However, since then, its value has bot fluctuating within a petite margin. The coin’s value has decreased by Trio.2% overheen the last 24 hours.
The coin’s upper critical support value is $280, which it is failing to touch overheen the past 6 days. If the coin makes it past this value, the chances of it going on to $300 are very high.
Market cap: $Two.112 billion
24 hour volume: $35.63 million
Monero has bot a welvoeglijk performer today. However it has had a duo of unexpected upsurges and dips ter value, its overall loss adds up to just 0.78%, which is not bad considering the current bearish trends. Also, its trading volumes have seen a healthy increase, pushing it up to $38 million.
Monero has fallen from its upper critical support level of $140 and hasn’t bot able to penetrate the barrier from the past Four days. Spil of now, it is close approaching its lower critical limit of $118, which is not too far from its current value of $126.74.
Market cap: $Two.045 billion
24 hour volume: $38.63 million
Binance coin has the highest increase ter value today among the top 20 coins. Spil of now, its increase ter value is Four.66% against USD, 6.45% against BTC and Five.07% against ETH. Despite experiencing a slight decrease ter price at 1:14 UTC, the coin made a good recovery, putting it at a current trading price of $15.64.
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Remarkably, the trading volumes haven’t had any switch via the day and seem to be pretty stable. It is well clear of its lower critical support of $13.8 at the ogenblik.
Market cap: $1.779 billion
24 hour volume: $812.1 million
NEM had a downward graph at the beginning of the day. This caused the coin’s price to reduce by approx. Two.6%. However, during the 2nd part of the day, the coin is holding value and seems to be stable against the bearish trends.
The trading volumes for NEM have taken a hammering spil they have bot diminished from $14.08 million to $9.12 million overheen the last 24 hours. The next critical support value of NEM is $0.Legal. The coin could stoop down to spil low spil $0.15 if it doesn’t manage to stay above the limit.
Market cap: $1.752 billion
24 hour volume: $9.122 million
After the crash that took place overheen the last few days, VeChain has bot attempting its best to make a comeback. It has managed to stabilise itself and also increase ter its price by a petite margin today. Tho’ there have bot several fluctuations te its value, the ultimate result for the coin is a positive build up.
Impressively, the trading volumes have bot rock solid for the coin. It is close approaching its upper critical support limit of $Trio.Ten. If the coin gets past this number, the chances of it rising all the way up to $Three.35 are very likely.