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Cryptocurrency markets in red; Shiba Inu crashes 10%, MATIC down 6%

Mat Goldman by Mat Goldman
August 16, 2022
in Cryptocurrency
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Cryptocurrency markets in red; Shiba Inu crashes 10%, MATIC down 6%
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Cryptocurrency markets are within the pink this Monday morning. The worldwide market cap is down by 1.57 per cent during the last 24 hours and is at $1.14 trillion as of 6:00 AM IST, CoinMarketCap information confirmed. 

Bitcoin, the most important cryptocurrency as per market cap, is down by 1.12 per cent and is buying and selling at $24,107. 

Ether token of the Ethereum community additionally confirmed a downtrend. The cryptocurrency fell by 2.67 per cent and is buying and selling at $1,897. 

Stablecoin USDT Tether confirmed 0.01 per cent adverse change in its worth during the last 24 hours. The stablecoin is buying and selling at its peg of $1.  

The USDC stablecoin confirmed 0.01 per cent constructive change and is buying and selling at $0.9999, whereas Binance’s BNB token rose by 0.50 per cent during the last 24 hours. 

Cardano’s ADA token slid 3.55 per cent.

XRP Ripple witnessed a downtrend of 1.04 per cent during the last 24 hours.  

Stablecoin BinanceUSD is up 0.01 per cent. Solana slipped by 4.26 per cent during the last 24 hours. 

Memecoin Doge fell 2.25 per cent within the final 24 hours, and Avalanche’s AVAX is down 2.61 per cent. 

Polkadot blockchain community’s DOT token slipped 2.44 per cent during the last 24 hours. 

Polygon community’s MATIC token slipped 6.23 per cent. 

Stablecoin DAI gained 0.01 per cent.

Shiba Inu, the favored memecoin fell 10.05 per cent. 

Majority prime cryptocurrencies slipped from their positions during the last 24 hours. Regardless of the downtrend, the worldwide market cap is above $1 trillion ranges.

Additionally Learn: 15 million crypto users left in limbo as Binance-WazirX Twitter feud continues – BusinessToday

Additionally Learn: INR withdrawals on Bitbns take a hit; crypto exchange says bank account blocked by police – BusinessToday



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