Ethereum, XRP and more are falling sharply, but this crypto is rising » Crypto Insiders
Home » Business » Ethereum, XRP and more are falling sharply, but this crypto is rising » Crypto Insiders

Ethereum, XRP and more are falling sharply, but this crypto is rising » Crypto Insiders

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Bitcoin (BTC) made last night another big dive and again we see the most altcoins fall even harder. During the night many cryptocurrencies recovering slightly, but the total market capitalization is still down about 3% and stands at $1.8 trillion this morning.

Ethereum price makes rapid plunge

Ethereum (ETH) was unable to hold onto the USD 2,800 yesterday afternoon and also lost traction at USD 2,750 a little later. Then the price made a quick dive and ether dropped to $2,600. Not only did ETH fall faster than BTC, the price also hovered around this price overnight. This morning, ETH pushed towards USD 2,650 but failed to break through and is now falling back to USD 2,630.

SOL & ADA hold out best

Solana (SOL) jumped sharply this morning making it the only top 10 share in the green from 24 hours ago, albeit less than 1%. SOL is currently romping at $90. Among the largest crypto had cardano (ADA) lately it has been relatively tough, but is recovering this morning as one of the strongest. ADA initially fell to $0.84, but at the time of writing it is back at $0.88, which means that the price is only 1% down.

DOGE, BNB, SHIB in red

Dogecoin (DOGE) fell a little less hard last night but barely recovered overnight. DOGE is down 2.2% and comes in at $0.124. Binance coin (BNB) is recovering slightly stronger, but also fell more sharply yesterday. BNB is down 2.4% and comes in at $367.5. Shiba inu (SHIB) shows a similar picture but is already down 3% and comes in at $0.0000238.

XRP, LUNA, AVAX, DOT dalen harder

Ripple (XRP) is down 3.2% and hovers around $0.725. Terra (LUNA), is still up 50% from a week ago, but is down 3.4% today to $74. In fact, Avalanche (AVAX) fell 6.1% and is currently romping at $75. However, Polkadot (DOT) is the biggest loser among the biggest crypto. DOT continues to fall, dropping 7% back to USD 17.

Top 100 hardest fallers

Chainlink (LINK), ceth (CETH), lido staked ether (SETH), okb (OKB), bitdao (BIT), eos (EOS), ecomi (ECOMI), gala (GALA) and maker (MKR) are all like that’ n 5% in the minus this morning. For osmosis (OSMO) that is 6%. Curve (CRV), celsius (CEL), fantom (FTM), juno (JUNO) lose 7% of their value. Harmony (ONE), tezos (XTZ) and thorchain (RUNE) are even down 8%. Convex finance (CVX) and radix (RDX) fell the most in the past 24 hours and are both down 9.2% .

UNI big in the plus

However, this time we have a few exceptions. Frax share (FXS) is 2% in the plus, flow (FLOW) is 2.5% in the plus and arweave (AR) even 5.5%. Uniswap (UNI) was able to rise sharply last night as the rest of the market took a plunge. UNI is therefore no less than 7.8% in the plus and comes out at $ 9.79.

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