As major tokens plunge, the overall crypto market has dropped more than 8 percent. The market is still recovering from its recent collapse.
The following is a list of data According to crypto.news the top five tokens in terms of market capital have not recovered from the crypto crash on February 24. The overall crypto market capital has dropped by almost 8.8% over the last 24 hours. This brings the total to $2.73 billion.
Data from TradingView The chart shows that at the start of February the crypto market capital was still $3.1 trillion. However, on the 24th, it plummeted to $2.5 trillion. The total crypto market cap is still below the $3 trillion mark, which indicates that the market hasn’t recovered.
Bitcoins are not the only way to pay for goods and services (BTCIt has a sturdiness that is unmatched by any other product. fallen Other major tokens, such as Ethereum (ETHRippleXRPBinance coin (BNBSolana) (SOL( ) still feel the impact of the recent market crash. Prices of coins with the highest market caps have dropped from over 10% to around 7.5%, except for stablecoins (USDT).USDTUSDCUSDC).
Ethereum fell by 11% over the past 24 hour period. The second biggest cryptocurrency, based on market capital, was trading for $2,091 at the time of publication. ETH market cap is down 10.8% at $252 trillion.
Solana’s fall was even worse, as the stock fell by over 11% within the last day. SOL currently trades at $126.29 – a drop of more than half from its all-time price of $293.31. Solana’s total market value has decreased by 11 percent to $62 billion.
XRP has been experiencing a downward trend in recent weeks, with XRP losing 10.5% over the last day. Ripple Labs’ token is trading for $1.99. Market capitalization fell from $115 trillion to $103 trillion.
Binance Coin has suffered less than the other tokens. BNB fell by 7.4%, to $570.20 over the last 24 hours. BNB decreased 12.7% over the past seven days. BNB’s current market capitalization is $83 trillion. It has fallen by 7.3%.
Disclosure: This article doesn’t represent investment advice. This page is intended for informational purposes only.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: crypto.news
