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Crypto Update news 1, Oct: Bitcoin remains Under $20,000, Solana Network Outrage.

Crypto market remains red with low volume on first weekend day. Bitcoin under $20,000 struggling to recover and holding the support level of $19,000 – 18,600. Bitcoin facing hard resistance from 21MA in daily TF. The global crypto market cap continues down to the psychological $1 trillion level, the prices of top two coins – Bitcoin (BTC) and Ethereum (ETH) – remain Red.




02 Oct 2022 By : COIN GABBAR
Crypto Update news 1

Crypto Market in Red.

The Crypto market remains red with low volume on the first weekend day. Bitcoin under $20,000 struggling to recover and hold the support level of $19,000 – 18,600. Bitcoin facing hard resistance from 21MA in daily TF. The global crypto market cap continues down to the psychological $1 trillion level, and the prices of top two coins – Bitcoin (BTC) and Ethereum (ETH) – remain Red.

The global cryptocurrency market cap fall by 0.8% to $0.974 trillion in the last 24 hours, according to CoinGabbar data at the time of writing. The total crypto market volume over the last 24 hours was $37.46 billion.

BTC price has fallen by 0.55% in the last 24 hours. At the time, BTC was trading at $19,306. In the last 7 days, BTC price has risen by 0.15%. Bitcoin (BTC) dominance rise from 38.15% to 38.02 % while ETH dominated 19.3% of the total crypto markets.

The Solana blockchain is allegedly back up and operating effectively after suffering a significant network disruption. The entire network was brought to a halt by one improperly configured node. But over the year, Solana has put up with a number of shutdowns.

Binance has successfully registered with the New Zealand nation's financial regulator and has begun trading cryptocurrencies.

The Governor of the Federal Reserve has acknowledged that despite the popularity of cryptocurrencies they are still a matter of concern, particularly for the banking industry.

Top Crypto Prices

Ethereum (ETH): Ethereum price fall by around 1.13% to $1,312 in the last 24 hours. In the last 7 days, ETH price has fall by over 0.79%. It is currently ranked as the 2nd largest crypto asset on CoinGabbar.

Binance (BNB): Binance Chain coin’s price fall to $283, by 0.49% in the last 24 hours. In the last 7 days, BNB price has rise by over 2.34%. It is currently ranked as the 5th largest crypto asset on CoinGabbar.

XRP: XRP coin’s price fall by 1.08% to $0.4746 in the last 24 hours. In the last 7 days, XRP price has rise by nearly 6.61%. It is currently ranked as the 7th biggest crypto on CoinGabbar.

Solana (SOL): Solana price fall 2.14% to $32.54 in the last 24 hours. In the last 7 days, SOL price has fall by nearly 2.54%. It is currently ranked as the 9th biggest crypto asset on CoinGabbar.

Cardano (ADA): Cardano token’s price fall by 1.06% to $0.4298 in the last 24 hours. In the last 7 days, ADA price has fall 6.48%. It is currently ranked as the 8th biggest crypto asset on CoinGabbar.

Dogecoin’s (DOGE) price fall by 1.56% in the last 24 hours. DOGE is currently ranked 10th. The price of DOGE at the time of this report was $0.06071.

Price of Polkadot (DOT) fall by 0.63% in the last 24 hours to $6.28. Avalanche (AVAX) price fall by nearly 1.16% to $17.01 in the last 24 hours. Both DOT and AVAX are currently ranked 11th and 17th respectively on CoinGabbar.

Polygon (MATIC) price fall by around 1.4% to $0.7669 in the last 24 hours. In the last 7 days, MATIC price has fall by around 1.58%.  It is currently ranked 15th on CoinGabbar.

Shiba Inu (SHIB) fall by 1.24% in the last 24 hours to $0.00001110037. It is currently ranked 12th on CoinGabbar.

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