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Ethereum, Cardano and more in red, but XRP and these altcoins in plus

Ethereum, Cardano and more in red, but XRP and these altcoins in plus

After a fairly volatile week with many new peaks and then sharp declines, the crypto market seems to have calmed down a bit. However, a large number of altcoins from the top 100 are still deep in the red compared to a week ago. The total market capitalization of crypto drops to $1.2 trillion this morning.

Bitcoin bounces at $28,000

Bitcoin (BTC) made several attempts to break through $28,000 in recent days, but then fell below each time. Also this morning, the price briefly shot past $28,000, but is falling back to $27,800 at the time of writing. This means that the BTC price is just 0.4% up today. Still, there are several factors this week that could cause a stir again.

Ethereum price is having a tougher time

Ethereum (ETH) has had a bit more difficult time than bitcoin lately, while the two correlated very strongly last year. Also today, the ether price is down 1.5% at $1,760.

BNB and XRP just up

Binance coin (BNB) is holding up a little stronger today, hovering around $328, putting it up just 0.1%. Ripple (XRP) fell sharply yesterday, but was able to recover overnight and just touched $0.47. With that, XRP is already 0.5% up today. However, Crypto Insiders analysts fear another significant plunge.

SOL, DOGE, MATIC and ADA in red

The rest of the top 10 turns red. Solana (SOL) is down 1.8% to $20.5, dogecoin (DOGE) is down 2.1% to $0.074 and polygon (MATIC) is down 2.4% to $1.08.

Cardano (ADA) is today the biggest loser of the top 10 and is down 2.6%. The ADA price is currently trying to regain $0.35.

Crypto top 100 hardest fallers

Although most of the top 100 are in the minus today, they are not too deep red numbers for the time being. The day’s hardest fallers are sandbox (SAND) down 3.5%, dash (DASH) down 4.5%, loopring (LRC) down 5% and singularitynet (AGIX) down 5.2%.

TON, RPL, MASK, NEO crypto top 100 hardest climbers

On the other hand, we still have a handful of green rates in the top 100. Toncoin (TON) rose by 2.5% to $2.15.

Rocket pool (RPL) is up almost 3%. Okb (OKB) just made a big jump of almost 4% towards USD 44. Mask Network (MASK) is already up 4.5% today and neo (NEO) is up 5% to $12.7.

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The crypto market is volatile and constantly changing. That’s why experienced traders use Bybit to take advantage of both rising and falling prices. Moreover, you can follow successful traders through Bybit and learn from their strategies. You can create a free account via this link, while supporting our platform at the same time. You are also eligible for great promotions and offers! For example, we raffle crypto weekly to readers who use the above link

Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences.

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