After the Fed raised interest rates, the crypto market collapsed. Today, Bitcoin broke the support from MA9 at $20,480 and reversed from MA100 at $20,750. BTC breaks the trendline in the four-hour time frame, signalling a bearish move. The prices of the leading two coins, Bitcoin (BTC) and Ethereum (ETH), stayed in the red as the market capitalization of all cryptocurrencies remained above the psychological $1 trillion threshold.
The Crypto market dumps after Fed interest rate hike. Today, Bitcoin reversed from MA100 at $20,750 and also breaks the support from MA9 at $20,480. Btc at 4hr TF breaks the trendline which gives a bearish signal. The global crypto market cap remained above the psychological $1 trillion level, the prices of top two coins – Bitcoin (BTC) and Ethereum (ETH) – remained Red.
The global cryptocurrency market cap fall by 0.8% to $1.03 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 $98.72 billion.
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BTC price has fall by 1.4% in the last 24 hours. At the time, BTC was trading at $20,050. In the last 7 days, BTC price has rise by 0.56%. Bitcoin (BTC) dominance rise from 37.11% to 37.05% while ETH dominated 19.7% of the total crypto markets.
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Top Crypto Prices
Ethereum (ETH): Ethereum price fall by around 3.97% to $1,515 in the last 24 hours. In the last 7 days, ETH price has rise by over 3.84%. It is currently ranked as the 2nd largest crypto asset on CoinGabbar.
Binance (BNB): Binance Chain coin’s price fall to $320, by 1.18% in the last 24 hours. In the last 7 days, BNB price has rise by over 12.68%. It is currently ranked as the 4th largest crypto asset on CoinGabbar.
XRP: XRP coin’s price fall by 2.9% to $0.4497 in the last 24 hours. In the last 7 days, XRP price has fall by nearly 2.45%. It is currently ranked as the 6th biggest crypto on CoinGabbar.
Solana (SOL): Solana price fall 4.94% to $30.78 in the last 24 hours. In the last 7 days, SOL price has fall by nearly 0.38%. It is currently ranked as the 10th biggest crypto asset on CoinGabbar.
Cardano (ADA): Cardano token’s price fall by 3.45% to $0.3862 in the last 24 hours. In the last 7 days, ADA price has fall 3.31%. It is currently ranked as the 9th biggest crypto asset on CoinGabbar.
Dogecoin’s (DOGE) price fall by 10.14% in the last 24 hours. DOGE is currently ranked 8th. The price of DOGE at the time of this report was $0.12782.
Price of Polkadot (DOT) fall by 2.94% in the last 24 hours to $6.26. Avalanche (AVAX) price fall by nearly 3.8% to $17.89 in the last 24 hours. Both DOT and AVAX are currently ranked 12th and 17th respectively on CoinGabbar.
Polygon (MATIC) price fall by around 0.05% to $0.837 in the last 24 hours. In the last 7 days, MATIC price has fall by around 4.87%. It is currently ranked 11th on CoinGabbar.
Shiba Inu (SHIB) fall by 8.8% in the last 24 hours to $0.00001175. It is currently ranked 14th on CoinGabbar.
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