Crypto Crash News today 7/12: Polygon (Matic) rises; Bitcoin, Ethereum, SOL, ADA, XRP, DOGE, DOT, AVAX fall up to 6%
Crypto Crash News Today (July 12): The global market value of cryptocurrency fell almost 3% to below $ 900 billion after several days in the last 24 hours, while the Polygon (Matic) price jumped, giving better results than others top cryptocurrencies. At the time of writing, the market value of crypto was $ 889 billion, according to CoinMarketCap data at the time of writing (08.16, Indian time).
The global crypto market volume over the last 24 hours fell 3% to $ 53.46 billion, while the total volume of DeFi was $ 4.71 billion, representing 8.8% of the total 24-hour volume of the crypto market. The volume of all stack coins was $ 48 billion, 90% of the total crypto market’s 24-hour volume.
Bitcoins (BTC) dominance remained at 42.83% while the price again fell below the $ 20,000 level. BTC’s price fell 3.12% in the last 24 hours. At the time of writing, BTC was trading at $ 19,937. Over the last 7 days, the BTC price has fallen by 1.28%
Change in the crypto-rupee index
CoinSwitch’s Crypto Rupee Index (CRE8) fell 3.12% in the last 24 hours to Rs 2330 at the time of writing. CRE8 tracks the performance of the crypto market in INR.
Top crypto prices July 12
Ethereum (ETH): Ethereum price fell 5.44% to $ 1090 in the last 24 hours. In the last 7 days, the ETH price has fallen by 4.8%. It is currently ranked as the second largest crypto asset.
Binance (BNB): The price of the Binance Chain coin fell 2.41% to $ 225.5 in the last 24 hours. In the last 7 days, the BNB price has fallen by almost 3%. It is currently ranked as the fifth largest crypto asset.
XRP: The price of the XRP coin fell 4% to $ 0.3148 in the last 24 hours. Over the last 7 days, the XRP price has fallen by 3.51%. It is currently ranked as the 7th largest crypto.
Solana (SOL): Solana’s price fell 5% to $ 33.85 in the last 24 hours. Over the last 7 days, the SOL price has fallen by around 6%. It is currently ranked as the ninth largest crypto asset.
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Cardano (ADA): The price of Cardano tokens fell 4.29% to $ 0.4591 in the last 24 hours. Over the last 7 days, the ADA price has fallen by 5.5%. It is currently ranked as the eighth largest crypto asset.
Dogecoins (DOGE) price fell 6% in the last 24 hours. DOGE is currently rated 10. The price of DOGE at the time of this report was $ 0.0623.
The price of Polkadot (DOT) fell 2.35% to $ 6.6. The Avalanche (AVAX) price fell over 6% to $ 17.6 in the last 24 hours. Both DOT and AVAX are currently ranked 12th and 16th on CoinMarketCap, respectively.
Despite the downward trend, the Polygon (Matic) price increased 5.35% to $ 0.5807 over the last 24 hours. In the last 7 days, MATIC’s price has increased by 12%. It is currently ranked 18th on CoinMarketCap.
Shiba Inu (SHIB) fell 5.55 percent in the last 24 hours to $ 0.00001046. It is currently ranked 14th on CoinMarketCap.
(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Consult your financial advisor before making an investment decision)
