Bitcoin, Ethereum, and Coins Shiba Inu and Dogecoin are all seeing sudden drop in last few hours
Global crypto market capitalization fell 6.16 percent at 8 a.m., with a total market capitalization of $2.43 trillion, according to coinmarketcap.com, a global crypto exchange. The total crypto market volume is $137.47 billion, with an increase of 19.53 percent in the last 24 hours.
As of 8 am, Bitcoin (BTC) was trading at $53,029.87 with a drop of 6.88% over a 24-hour period. While Bitcoin is down 5.62 percent over the last seven days and has a market share of 41.19 percent, the coin’s value has decreased by 1.4% in the last 24 hours.
Over the past 24 hours, Ethereum (ETH) has lost 7.34 percent of its value and was trading at $4,154.68. Binance Coin (BNB) was trading at $587.01 with a loss of over 4.12% over the last 24 hours. At $1, Tether (USDT), the fourth-largest cryptocurrency by market capitalization, was down 0.02 percent. During the last 24 hours, the price of Solana (SOL) fell by 9.99 percent and it ranked fifth in the CoinMarketCap.com list; it was trading at $204.62.
There has been a steady decline in coinmarketcap.com in the last 24 hours for all major meme coins, including Dogecoin, Shiba Inu (SHIB), Dogelon Mars (ELON), and Samoyedcoin (SAMO).
Top meme coin in terms of market price Dogecoin fell 4.53 percent in the last 24 hours and was trading at $0.1973, while Shiba Inu saw a 4.22 percent drop and was trading at $0.00003968 at 8 a.m.
A 7.08 percent drop in the last 24 hours has seen Dogelon Mars (ELON) trade at $0.000001392, while Samoyedcoin (SAMO) was trading at $0.06268 and has seen a 0.94 percent drop in the last 24 hours, according to coinmarketcap.com.