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Crypto markets in red, Binance’s stable, Doge up 8 pc

17.08.2022

The markets for cryptocurrencies have remained in the red on Tuesday. The global market cap has fallen by 0.53 per cent over the last 24 hours, and is at $1.15 trillion as of 6: 45 AM IST, according to CoinMarketCap data.

It is trading at $24,006 and is down 0.82 per cent. The price of ether's Ether token showed a decline of 0.79 per cent. The price of the criptocurrency is $1,892.

The USDT Tether, a stable coin, showed a 0.01 per cent negative change in its value over the last 24 hours. The stable coin is trading at its peg of $1.

TheUSDC stable coin has shown a 0.01 per cent negative change and is trading at $1.

BNB token of Binance Smart Chain fell 1.07 per cent over the last 24 hours, while XRP Ripple gained 3.86 per cent.

The ADA token of Cardano fell by 0.69 per cent. Solana fell by 0.97 per cent over the last 24 hours.

In the last 24 hours, Binance's stable coin rose by 0.01 per cent while meme coin Doge rallied a whopping 8.02 per cent.

Polkadot gained 0.73 per cent and Shiba Inu increased by 2.49 per cent over the last 24 hours.

Polkadot's DOT token slipped 2.44 per cent over the last 24 hours, while Avalanche's AVAX is down 1.89 per cent.

Over the last 24 hours, a majority of topcryptocurrencies slipped from their positions while others like Dogecoin, XRP Ripple, Polkadot and others gained. The global market cap has stayed the same over the $1 trillion mark.