12 Jul , 2022 By : Monika Singh
Crypto Crash News Today (12 July): The global cryptocurrency market cap fell nearly 3% to dip below $900 billion after several days in the last 24 hours while Polygon (Matic) price jumped, outperforming other top cryptocurrencies. At the time of writing, the crypto market cap was $889 billion, according to CoinMarketCap data at the time of writing (8.16 am, India time).
The global crypto market volume over the last 24 hours decreased 3% to $53.46 billion while the total volume in DeFi was $4.71 billion, representing 8.8% of the total crypto market 24-hour volume. The volume of all stablecoins was $48 billion, 90% of the total crypto market’s 24-hour volume.
Bitcoin’s (BTC) dominance remained at 42.83% while its price once again dropped below the $20,000 level. BTC’s price dropped 3.12% in the last 24 hours. At the time of writing, BTC was trading at $19,937. In the last 7 days, BTC price has decreased by 1.28%
Crypto Rupee Index (CRE8) by CoinSwitch fell 3.12% in the last 24 hours to Rs 2330 at the time of writing. CRE8 tracks crypto market performance in INR.
Ethereum (ETH): Ethereum price decreased 5.44% to $1090 in the last 24 hours. In the last 7 days, the ETH price has decreased by 4.8%. It is currently ranked as the 2nd largest crypto asset.
Binance (BNB): Binance Chain coin’s price decreased 2.41% to $225.5 in the last 24 hours. In the last 7 days, BNB price has decreased by nearly 3%. It is currently ranked as the 5th largest crypto asset.
XRP: XRP coin’s price decreased 4% to $0.3148 in the last 24 hours. In the last 7 days, the XRP price has decreased by 3.51%. It is currently ranked as the 7th biggest crypto.
Solana (SOL): Solana’s price decreased 5% to $33.85 in the last 24 hours. In the last 7 days, the SOL price has decreased by around 6%. It is currently ranked as the 9th biggest crypto asset.
Cardano (ADA): Cardano token’s price fell 4.29% to $0.4591 in the last 24 hours. In the last 7 days, ADA price has decreased by 5.5%. It is currently ranked as the 8th biggest crypto asset.
Dogecoin’s (DOGE) price decreased 6% in the last 24 hours. DOGE is currently ranked 10th. The price of DOGE at the time of this report was $0.0623.
The price of Polkadot (DOT) fell 2.35% to $6.6. Avalanche (AVAX) price decreased over 6% to $17.6 in the last 24 hours. Both DOT and AVAX are currently ranked 12th and 16th respectively on CoinMarketCap.
Defying the downturn trend, Polygon (Matic) price increased 5.35% to $0.5807 in 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 per cent in the last 24 hours to $0.00001046. It is currently ranked 14th on CoinMarketCap.
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