Crypto Market Crash News Today (May 21): The world crypto market cap as soon as once more shrunk under 1.25 trillion within the final 24 hours, after touching 1.28 trillion a day earlier than. At the time of writing, cryptocurrency market cap was $1.24 trillion, as per knowledge on CoinMarketCap. Bitcoin worth has additionally as soon as once more dropped under the $30,000 barrier, reaching $29,195 on the time of writing.
The world cryptocurrency market quantity during the last 24 hours decreased by 10.35% to $73.76 billion. The whole quantity in DeFi was $7.03 billion, which is 9.54% of the entire crypto market 24-hour quantity. Stable cash quantity was $65.08 billion, which is 88.22% of the entire crypto market 24-hour quantity.
Bitcoin worth decreased by 3.26 % within the final 24 hours. Meanwhile, Bitcoin’s dominance as prime crypto asset decreased by 0.18% to 44.64% over the day. Overall Bitcoin worth has decreased by 1.09% within the final 7 days.
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Meanwhile, most of the prime crypto costs additionally crashed additional within the final 24 hours. Take a glance:
Ethereum (ETH): Ethereum worth decreased by 2.85% because it as soon as once more fell under the $2000 mark to $1963 within the final 24 hours. In the final 7 days, ETH worth has decreased by 4.07%. It is at present ranked second largest crypto asset by way of market capitalisation.
Binance (BNB): Binance coin’s worth decreased by 1.69% to $302 within the final 24 hours. In the final 7 days, BNB worth has elevated by 3%. It is at present ranked as fifth largest crypto asset by way of market capitalisation.
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XRP: XRP coin’s worth decreased by 4.41% to $0.4113 within the final 24 hours. In the final 7 days, XRP worth has decreased by 5.32%. It is at present ranked as sixth largest crypto asset by way of market capitalisation.
Solana (SOL): Solana worth decreased by 3.41% to $49.84 within the final 24 hours. In the final 7 days, SOL worth has decreased by 3.6%. It is at present ranked as ninth largest crypto asset by way of market capitalisation.
Cardano (ADA): Cardano token’s worth decreased by 1.95% to $0.5197 In the final 24 hours. In the final 7 days, ADA worth has decreased by 4.41%. It is at present ranked as eighth largest crypto asset by way of market capitalisation.
Popular memecoin Dogecoin’s (DOGE) worth dropped by 2.75% within the final 24 hours. DOGE is at present ranked tenth by way of market capitalisation. The worth of DOGE on the time of this report was $0.08419.
Meanwhile, costs of Polkadot (DOT) and Avalanche (AVAX) decreased by 2.3 and 1.92 per cent within the final 24 hours respectively. DOT and AVAX are at present ranked eleventh and thirteenth on CoinMarketCap. Polygon (Matic) worth decreased by 2.22% to 0.6413 within the final 24 hours. It is at present ranked seventeenth on CoinMarketCap.
(Cryptos and different digital digital property are unregulated in India. They are thought-about extraordinarily dangerous for funding. Please seek the advice of your monetary advisor earlier than making any funding choice)
Source: www.financialexpress.com”