The price of cryptocurrencies is back in the red this Monday morning. The global criptocurrency market cap is down by 1.13 per cent and the global market cap is $922.79 billion, lower than the $1 trillion mark. The total market volume for cryptocurrencies has gone up by $52.46 billion over the last 24 hours, which is a 2.83 per cent decrease from Sunday's levels. The dominance of the digital currency is 39.02 per cent, an increase of 0.12 per cent over the last 24 hours.
Over the last 24 hours, there has been a negative momentum forBNB,Bitcoin, andEthereum.
The price of the digital currency is trading at $18,860 and is down by 0.54 per cent. The native criptocurrency of the Ethereum network fell 1.41 per cent and is trading at $1,303. The nativeBNB, the Binance Smart Chain, saw a decline of 0.28 per cent.
USDC, DAI, and USDT have witnessed negative momentum while USDT has seen positive change. All stable coins were close to their peg at $1.
The USDT Tether stablecoin fell 0.01 per cent in value over the last 24 hours and is trading at $1. Stable coin DAI fell by 0.03 per cent and is trading at $0.9997. The value of the currencyUSD or BUSD has fallen by 0.01 per cent over the last 24 hours. The stable coin is trading at $1.
The stable coin is up 0.03 per cent and is trading at $1.
The last 24 hours Ripple showed positive momentum, while Solana, Avalanche, and Cardano have shown negative momentum.
The SOL of Solana saw an increase in the trend by 3.19 per cent. AVAX of Avalanche fell 2.27 per cent. Cardano's ADA showed a 1.44 per cent decline. XRP Ripple gained 1.97 per cent.
Polkadot's native cryptocurrencies DOT showed positive momentum while Polygon's native criptocurrency token MATIC slipped. The DOT token is up by 0.63 per cent and the MATIC token has gone down by 2.08 per cent over the last 24 hours.
Doge coin has fallen by 2.39 per cent over the last 24 hours while meme coin Shiba Inu has slipped 2.62 per cent.
The majority of topcryptocurrencies have seen a downturn from their previous positions over the last 24 hours.