Bitcoin (BTC) was still consolidating around USD 39,500 this morning, but now seems to be losing traction. However, most altcoins fall even harder. Despite a small rebound yesterday morning, the total market cap of all cryptocurrencies is down 1% today to $1.89 trillion.
📈Market Overview#BTC price trades below $40K
Market cap: $1.91T (+0.64%) $BTC dominance: 39.32% (-0.52%)
Fear & Greed Index: 23 (Extreme Fear)
— CryptoRank Platform (@CryptoRank_io) Apr 29, 2022
Ethereum drops 1.5%
Ethereum (ETH) rose as high as $2930 yesterday morning, but quickly lost traction here and then dipped to $2,860. ETH made a big bounce and then peaked around $2,975. However, ETH was rejected here and steadily declined throughout the rest of the night, consolidating around $2,920 this morning. However, the price is currently also losing grip on this and ETH to $2,890 with which it is 1.5% in the minus.
Proof of stake deposit contract reached 12M eth! pic.twitter.com/sGL2uPFVsz
— terence.eth (@terencechain) Apr 28, 2022
BNB, DOGE, ADA in the minus
Binance coin (BNB) made another big jump yesterday morning, but is currently falling back towards $400, putting the price down 1%. Dogecoin (DOGE) made a significant spike this morning, but is now correcting back to $0.137, bringing the price down 2.2%. Cardano (ADA) was fluctuating wildly yesterday, failing to hold on to USD 0.85. ADA now drops to $ 0.83 with which the price is 2.8% in the minus.
— Ali Martinez (@ali_charts) Apr 28, 2022
XRP, SOL, SHIB, DOT, AVAX, LUNA are falling sharply
Ripple (XRP) is currently down to $0.63, down 3.2%. Solana (SOL) is also down 3.2%, dropping to $97. Shiba inu (SHIB) is also down 3.2%, falling to $0.0000227. Polkadot (DOT) fails to hold onto USD 17 and is down 4% to USD 16.6. Avalanche (AVAX) is already down 5.2% and is currently falling below $67. Terra (LUNA) is even down 6% and currently stands at around $86.
Crypto top 100 hardest fallers
Fantom (FTM), maker (MKR), chain (CXN), arweave (AR) and harmony (ONE) are also all down 6% or more today. Zcash (ZEC) and near (NEAR) are down 7% and aave (AAVE) down 8%. Thorchain (RUNE), zilliqa (ZIL), axie infinity (AXS) and waves (WAVES) are nearly 9% in the red. Stepn (GMT) is down almost 10% and the graph (GRT) is down as much as 11.5% today.
Crypto top 100 hardest risers
However, there are a few exceptions. For example, radix (RDX) is currently rising by almost 2%. Tron (TRX) just made a big jump and is up 7.5%. Apecoin (APE) continues to rise and, despite a correction last night, the price is still 11% in the plus. NEXO (NEXO) made a huge jump this morning with which the price is even 12% in the plus.
#Binance adds new trading pairs:
— Binance (@binance) Apr 28, 2022
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— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) Apr 28, 2022