
Cryptocurrency News: Solana, Cardano, Polkadot, Dogecoin, Tron, and Avalanche are all on the rise once again
After dipping below $900 billion yesterday, the global cryptocurrency market’s worth has rebounded 3.04 percent in the previous 24 hours. According to CoinMarketCap statistics, the entire crypto market value was $958 billion at the time of writing, while the worldwide crypto market volume was $127 billion, up 28% in the past 24 hours.
Even while market emotions remain in the “severe fear” zone, the values of key cryptos, such as Bitcoin and Ethereum, have witnessed some rebound following the news of an interest rate rise by the US Federal Reserve.
According to data from CoinMarketCap, which analyses 19866 cryptos and 527 exchanges, Bitcoin’s market share has plummeted to 44.5 percent. According to CoinMarketCap statistics, most of the major cryptos were in the green at the time of writing, with Solana, BNB, Cardano, XRP, and Polkadot gaining the most among blue-chip currencies. The price of Bitcoin (BTC) has plunged 26% in the previous seven days but has regained roughly 3% in the last 24 hours to $22,317.
In the previous 24 hours, the price of Ethereum has risen roughly 2% to $1209. The price of ETH has dropped by 33% in the previous week. In terms of market capitalization, it is now the second-largest crypto asset.
In the previous 24 hours, the price of the XRP currency has risen by 6% to $0.3364. The price of XRP has dropped by 16 percent in the previous seven days. In terms of market capitalization, it is now the eighth-largest cryptocurrency.
In the previous 24 hours, the price of Solana has risen by roughly 19 percent to $34.21. The price of SOL has dropped by 12% in the last week. In terms of market capitalization, it is now the 9th largest crypto asset.
In the previous 24 hours, the price of the Binance Chain token grew by roughly 6% to $230. The price of BNB has dropped by 20% in the previous seven days. In terms of market capitalization, it is now the seventh most valuable cryptocurrency.
In the last 24 hours, the price of the Cardano coin has dropped by roughly 13% to $0.5203. The price of ADA has dropped 19% in the previous seven days. In terms of market capitalization, it is now the seventh most valuable crypto asset.
In the previous seven days, the price of Dogecoin (DOGE) has risen by roughly 11%. In terms of market capitalization, DOGE is presently placed 11th. DOGE was trading at $0.06208 at the time of publication.
In the last 24 hours, the price of Polkadot (DOT) climbed by 11% to $8.26, while the price of Avalanche (AVAX) increased by 11% to $17.73. On CoinMarketCap, DOT and AVAX are presently rated 10th and 15th, respectively. In the last 24 hours, the price of Polygon (Matic) has risen by around 5% to $0.4068. On CoinMarketCap, it is now placed 18th.
In the meantime, the price of Tron (TRX) has risen by roughly 19 percent in the previous 24 hours to $0.06445. On CoinMarketCap, it is now placed 13th.