Bitcoin (BTC) falls back below $30,000 and most altcoins from the top 100 cryptocurrencies also turn red again. The total market cap of all crypto fell 2.2% in the past 24 hours to about $1.35 trillion.
Daily Market overview.
Market cap: $1.36T -1.12%⬇️
SPOT Volume 24h: $35.3B -2.13%⬇️$BTC dominance: 41.86% -0.50%⬇️
Fear & Greed Index: 12😱extreme fear sentiment. Most projects in loss.🔴 #Bitcoin $BTC $ETH #Ethereum
— IT Tech (@IT_Tech_PL) May 18, 2022
Ethereum is down 3%
Ethereum (ETH), much like bitcoin, is starting to move in an increasingly narrow range. The price has been consolidating between USD 2,000 and USD 2,100 in recent days. Yesterday afternoon, ether briefly peaked above USD 2,100, then plummeted all the way to USD 2,000 and immediately made a sizable jump. bounce back to $2,100. However, ETH fell again last night and currently stands at around $2,030, with the price down 3%.
$ETH price dropped -56% from the top, but the number of active addresses just decreased -by 7%.
If we consider each address as a user, #Ethereum has 551.705 DAU(Daily Active Users) today.
These swords don’t care about ETH price but ape into Defi, NFT, DAO, and GameFi projects. pic.twitter.com/tp7QA6qEHq
— Ki Young Ju (@ki_young_ju) May 18, 2022
XRP, DOGE, BNB, SHIB in the min
Ripple (XRP) dipped slightly less than most prices yesterday and is therefore the least deep in the red this morning. XRP is down 1.3% to USD 0.427. Dogecoin (DOGE) is down 1.5%, dropping to $0.089 this morning. Binance coin (BNB) is down 2.4% but appears to be holding up at $300 this morning. Shiba inu (SHIB) is down 2.7% to reach $0.0000123.
AVAX, SOL, ADA, DOT fall faster
Avalanche (AVAX) is already down 4.1% and is currently seeking support around $33. Solana (SOL) is down 4.5% in the past 24 hours towards USD 54. Cardano (ADA) is down 4.6% but seems to be holding on to $0.56 for the time being. However, Polkadot (DOT) is already 7.4% in the red today and failed to hold at $10.5 this morning.
TRX in the plus
Among the top 10 largest altcoins (without stablecoins) we do have a price that is green today and that is tron (TRX). The TRX price made another big jump last night and last night held up better than the rest. TRX comes in at $0.072 and is up 2.4%.
Crypto top 100 hardest fallers
Chainlink (LINK), osmosis (OSMO), filecoin (FIL) and gala (GALA) are also down about 5% today. Internet computer (ICP), fantom (FTM), decentraland (MANA) and arweave (AR) are already down 6%. Celo (CELO), cosmos (ATOM) and near (NEAR) are down 7% in the past 24 o’clock. Graph (GRT) and maker (MKR) are no less than 9% in the red today. Chain (XCN) is the biggest loser, which initially rose sharply this morning but then fell sharply. XCN is down 12% and comes in at $0.085. Terra (LUNA) is also down 3.5% and is currently in position 60 in terms of largest crypto.
They are represented by legal firm LKB & Partners.
— Doo | StableNode @Permisionless (@DooWanNam) May 18, 2022
Crypto top 100 hardest risers
Nevertheless, we have some small risers in the top 100 today. Waves (WAVES) is up 3%, kucoin token (KCS) and convex finance (CVX) 4% and klaytn (KLAY) 5%. Chiliz (CHZ) is the big winner today, rising 13% to USD 0.135. This may be because Bitpanda is currently listing multiple fan tokens from Chiliz and Socios.com.
don’t miss this #CryptoWednesday if you’re a die-hard FC Barcelona fan! We just added $BARthe official fan token of @FCBarcelona † @socios that’s like the ultimate fan membership card. Exchange $BAR for collectibles, match tickets & other cool things. pic.twitter.com/aVkUmIWoSN
— Bitpanda (@bitpanda) May 18, 2022
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— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) May 18, 2022