Bitcoin (BTC) plummets in the last 24 hours even deeper and also the altcoins take quite a beating. Almost the entire top 100 largest cryptocurrencies turns red today and total market cap is down 4.3% to $2.1 trillion.
📈Market Overview#BTC price trades above $43K
The Top-10 are traded in red zone $SOL -10.1%, $LUNA -8%, $AVAX -7.8%
Market cap: $2.11T (-4.38%) $ BTC dominance: 39.02% (-0.15%)
Fear & Greed Index: 34 (Fear)Full Report👉https://t.co/VUahDMeHNY pic.twitter.com/Jl1uCqmHRl
— CryptoRank Platform (@CryptoRank_io) April 7, 2022
Ethereum price drops 4%
Ethereum (ETH) finally seemed to recapture the $3,500 mark this week, but lost traction on Tuesday. Yesterday, the ether also failed to hold on to $3,345 and the price eventually hit a low of $3,150 last night. Since then, ETH has been recovering slightly, but currently appears to be running into resistance around USD 3,230. ETH, like bitcoin, is down 4% today.
Current week is on track for an ATH in NFT trades count on Ethereum (~1.4m forecasted)
Source 👉 https://t.co/3VRuzklRCY pic.twitter.com/rGL8HRq97N
– hildobby.eth (@hildobby_) April 6, 2022
BNB, XRP, SHIB, AVAX, ADA in de min
Binance coin (BNB) was able to recover somewhat stronger this morning, but currently appears to be struggling above USD 430 and is still down 3% today. Ripple (XRP) is already down 4.1% and is currently romping at $0.78. Shiba inu (SHIB) is down 5.4% and may be down again at $0.000025 right now. Avalanche (AVAX) is down 5.6% and is currently also unable to recapture $0.85. Also cardano (ADA) is down 5.6% and is currently falling to $1.08.
DOT, LUNA, SOL & DOGE fall harder
Polkadot (DOT) is already down 6.2% and is trying to hold above USD 20. Terra (LUNA) drops to $107 with which the price is 6.8% in the minus. Solana (SOL) is even down 7.4% and is currently romping at $116. Dogecoin (DOGE) is the biggest loser today among the biggest crypto. DOGE finally broke through the USD 0.15 level earlier this week, but fell back below it yesterday and is now struggling at USD 0.148. DOGE is down 9% today.
With the news of @elonmusk buying a 9.2% stake in Twittter, $DOGE recorded today the highest Perpetual Swaps volume since early December
$17.39b combined over the past 3 days has been traded in perpetual swaps vs $22b in all the month of March👀
Chart: https://t.co/G5GdMmOEU6 pic.twitter.com/dpeK9GPwqR
— IntoTheBlock (@intotheblock) April 6, 2022
Top 100 crypto hardest fallers & risers
The rest of the top 100 also turns deep red. Uniswap (UNI), arweave (AR), graph (GRT), fantom (FTM), kadena (KDA), eos (EOS), dash (DASH), internet computer (ICP), flow (FLOW) and zilliqa (ZIL) are all about 8% in the min. Frax share (FXS), harmony (ONE), thorchain (RUNE), maker (MKR), filecoin (FIL) and lido (LDO) even drop by 9%. Humans.ai (HEART) is down 11%, celo (CELO) by 13% and stepn (GMT) by a whopping 16%.
On the green side we have enjin coin (ENJ) 0.6% in the plus and mina protocol (MINA) 2%. Initially it was already for the green side out of the top 100, but at the time of writing xido finance (XIDO) is making a huge jump of more than 100% in a few minutes. The price just shot from $34 to $69 and is thus back into the top 100. However, that is not a normal increase.
Xido Finance #ULTRAMEGASTONKS 🚀🌛 #XIDO #XidoFinance$ XIDO moved up by 103% in last hour, with current price $69.40
Market Cap: $969,486,243
24h Volume: $1,347,827— CryptoStonksBot 📈 (@CryptoStonksBot) April 7, 2022
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