Crypto Price Today: Dogecoin and Shiba Inu both lose up to 7% as Bitcoin slips below $24,600

Post author By Hamilton
Post date March 20, 2023

The cryptocurrency markets primarily trading down due to concerns over the US financial industry’s unrest.

Ethereum (ETH) was trading below the $1,700 mark while Bitcoin (BTC) dropped 1.52% to $24,532. The 24-hour volume of BTC was $21.38 billion, a 21.37% decline over the previous day’s trade.

As market participants take liquidity concerns into account, Bitcoin is presently trading at the US$24,000 level, with a slight price decline from the previous day. Investors are also considering the potential of a European banking crisis due to worries about the frequently troubled Credit Suisse.

The price of other popular crypto currencies also decreased. While Dogecoin and Polkadot were selling over 5% lower, Polygon and Solana both experienced over 7% declines. The value of all cryptocurrencies in the world was down around $1.07 trillion in the meantime, dropping 2.71% in the previous day.

DeFi’s total volume is presently 7.71 billion, or 9.52% of the 24-hour volume of the entire crypto market. Currently, the combined volume of all stablecoins is $76.42 billion, or 94.36% of the 24-hour value of the entire crypto market.

The biggest cryptocurrency in the world by market cap, Bitcoin, was valued at $476.09 billion. According to CoinMarketCap, the market share of Bitcoin has increased by 0.53% since yesterday to 44.28%.

Cryptocurrency Price Today

Bitcoin $24,532 -1.52%

Ethereum $1,659 -2.85%

Tether $1 -0.14%

BNB $318.39 2.00%

XRP $0.3269 -2.20%

Cardano $0.3268 -5.15%

Polygon $1.13 7.33%

Dogecoin $0.0059 -6.50%

Solana $19.52 -8.25%

Polkadot $5.99 -5.13%

Tron $0.06618 -1.51%