Crypto market struggling after a blood bath as bad CPI number. Yesterday, BTC slipped from $22,000 to $20,000, and forming its support near $20,000. The global crypto market cap continues to remain over the psychological $1 trillion level, the prices of top two coins – Bitcoin (BTC) and Ethereum (ETH) – red and Green respectively.
The global cryptocurrency market cap fall by 0.3% 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 $82.6 billion.
BTC price has Up by 0.8% in the last 24 hours. At the time, BTC was trading at $22,200. In the last 7 days, BTC price has rise by 2.2%. Bitcoin (BTC) dominance fall by 0.6% to 37.09% while ETH dominated 20.02% of the total crypto markets.
The consumer price index was made public. The CPI shows a change of 8.3% YoY and a change of 0.1% MoM. The cryptocurrency market was not expecting these figures. It was anticipated that the CPI will be 8.1% YoY and -0.1% MoM. A poor CPI is terrible news for the cryptocurrency market.
LUNA breaks its support at $4. It falls to $2.235, currently at $3.083 by 25% down.
Ethereum (ETH): Ethereum price rise by around 1.21 % to $1,519 in the last 24 hours. In the last 7 days, ETH price has increased by over 2.35%. It is currently ranked as the 2nd largest crypto asset on CoinGabbar.
Binance (BNB): Binance Chain coin’s price rise to $278, by 0.48% in the last 24 hours. In the last 7 days, bnb price has increased by over 5.73%. It is currently ranked as the 5th largest crypto asset on CoinGabbar.
XRP: XRP coin’s price rise by 2.71% to $0.3416 in the last 24 hours. In the last 7 days, XRP price has rise by nearly 3.36%. It is currently ranked as the 7th biggest crypto on CoinGabbar.
Solana (SOL): Solana price rise 1.15% to $33.38 in the last 24 hours. In the last 7 days, SOL price has increased by nearly 7.69%. It is currently ranked as the 9th biggest crypto asset on CoinGabbar.
Cardano (ADA): Cardano token’s price fall by 5.8% to $0.4723 in the last 24 hours. In the last 7 days, ADA price has fall 5.6%. It is currently ranked as the 8th biggest crypto asset on CoinGabbar.
Dogecoin’s (DOGE) price rise by 2.25% in the last 24 hours. DOGE is currently ranked 11th. The price of DOGE at the time of this report was $0.06098.
Price of Polkadot (DOT) rise by 1.27% in the last 24 hours to $7.15. Avalanche (AVAX) price fall by nearly 0.21% to $18.79 in the last 24 hours. Both DOT and AVAX are currently ranked 10th and 16th respectively on CoinGabbar.
Polygon (MATIC) price rise by around 0.47% to $0.8498 in the last 24 hours. In the last 7 days, MATIC price has rise by around 4.13%. It is currently ranked 14th on CoinGabbar.
Shiba Inu (SHIB) fall by 0.58% in the last 24 hours to $0.00001203. It is currently ranked 12th on CoinGabbar.
