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.

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.

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.

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.

Crypto Insiders Premium for altcoin analyses

Do you want to learn more about trading, analyzing and using cryptocurrencies? Join Crypto Insiders Premium and come and have a look for free for the first 30 days. Ask analysts questions, chat with our avid community and receive technical and fundamental analysis daily!

LEAVE A REPLY

Please enter your comment!
Please enter your name here