The cryptocurrency market fell again yesterday. Bitcoin (BTC) dropped even lower than before and some altcoins made heavy corrections. Market sentiment is again very gloomy, but some prices are starting to recover slightly this morning. However, the total market cap of all crypto is down 3.7% and stands at $1.89 trillion this morning.
Ethereum drops 3.8%
Ethereum (ETH) recovered back to $3,000 yesterday, but as the market began to fall, the ether price lost traction. ETH even briefly dipped below USD 2,800 last night, but may recover slightly this morning. Currently, however, the price is already hitting resistance around USD 2,900 and ETH is down 3.8% today.
SOL, BNB, AVAX recover slightly
Solana (SOL) is already recovering a little stronger this morning, but is still unable to recapture $100. SOL is down 1.5% today. Binance Coin (BNB) is currently falling back to $390, leaving the price down 2.7%. Avalanche (AVAX) is now back above $70, but is still down 2.8%.
SHIB, XRP, DOT, ADA down a lot
Shiba Inu (SHIB) is also recovering slightly this morning, but is still down 3.5% at $0.0000235. Ripple (XRP) was just rejected at $0.66 and falls back to $0.65, with the price down 4.8%. Polkadot (DOT) is down 5% to $17. Cardano (ADA) is even down 5.5% and comes in at $0.84.
LUNA & DOGE fall hard
The two biggest gainers from yesterday’s top 10 are the biggest losers today. Terra (LUNA) is down 7.5% to $89. Dogecoin (DOGE) fell all the way back to USD 0.14 last night, a correction of a whopping 14%. DOGE is therefore the biggest loser of the entire top 100 largest cryptocurrencies.
Crypto top 100 biggest gainers and losers
Things are very sparse on the green side today. Only ApeCoin (APE) is now in the green, up 4% today and up 40% compared to a week ago.
On the other hand, Gala (GALA), Enjin (ENJ), Algorand (ALGO), Synthetix (SNX), Ethereum Classic (ETC), Neo (NEO), Klaytn (KLAY), Maker (MKR), Chain (XCN) and Harmony (ONE) are all about 7% down today. VeChain (VET) and EOS (EOS) are down 8%. Axie Infinity (AXS), Curve (CRV), PancakeSwap (CAKE), Waves (WAVES) and Theta (THETA) are down 9%. Zilliqa (ZIL) is down 10%, Monero (XMR) and The Graph (GRT) 11%, Zcash (ZEC) 12%, and NEAR (NEAR) 13%.
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