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Crypto Currency News May20 Bitcoin below $30,000,ETH,SOL,BNB,ADA,XRP

21-May-2022 By: Shikha Jha
Crypto Currency News

Cryptocurrency price Updates May 20: Bitcoin below $30,000; 

ETH, SOL, BNB, ADA, XRP, DOT, Matic down nearly 4%

The global crypto market cap once again shrunk below 1.26 trillion in the last 24 hours, after touching 1.278 trillion a day before. At the time of writing, the cryptocurrency market cap was $1.245 trillion, as per data on CoinGabbar. Bitcoin price has also once again dropped below the $30,000 barrier, reaching $29,232 at the time of writing.  

The global cryptocurrency market volume over the last 24 hours decreased by 10.34% to $73.66 billion. The total volume in DeFi was $7.13 billion, which is 9.53% of the total crypto market's 24-hour volume. Stable coins volume was $65.18 billion, which is 88.21 of the total crypto market 24-hour volume. 

Bitcoin price decreased by 3.76 per cent in the last 24 hours. Meanwhile, Bitcoin’s dominance as the top crypto asset decreased by 0.18% to 43.87% over the day. Overall Bitcoin price has decreased by 1.19% in the last 7 days. 

Top Crypto Rates

Ethereum (ETH): Ethereum price decreased by 2.75% as it once again fell below the $2000 mark to $1961 in the last 24 hours. In the last 7 days, ETH price has decreased by 4.17%. Ranked 2th according to CoinGabbar.

Binance (BNB): Binance coin’s price decreased by 1.49% to $301 in the last 24 hours. In the last 7 days, bnb price has increased by 3.5%. Ranked 5th according to CoinGabbar.

XRP: XRP coin’s price decreased by 4.43% to $0.4213 in the last 24 hours. In the last 7 days, XRP price has decreased by 5.42%. Ranked 6th according to CoinGabbar.

Solana (SOL): Solana price decreased by 3.51% to $49.74 in the last 24 hours. In the last 7 days, SOL price has decreased by 3.5%. Ranked 9th according to CoinGabbar.

Cardano (ADA): Cardano token’s price decreased by 1.85% to $0.5297 In the last 24 hours. In the last 7 days, ADA price has decreased by 4.51%. Ranked 8th according to CoinGabbar.

Popular memecoin Dogecoin’s (DOGE) price dropped by 2.45% in the last 24 hours. The price of DOGE at the time of this report was $0.08719. Ranked 10th according to CoinGabbar.

Meanwhile, prices of Polkadot (DOT) and Avalanche (AVAX) decreased by 2.4 and 1.93 per cent in the last 24 hours respectively. Ranked 11th and 14th according to CoinGabbar.

Polygon (Matic) price decreased by 2.12% to 0.6414 in the last 24 hours. Ranked 21th according to CoinGabbar.


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