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Crypto Crash News Today 7/12: Top cryptocurrency prices fall; BTC below $20,000; ETH, SOL, AVAX, DOGE lose up to 6%

by Rajeev Kumar
July 12, 2022
in Finance
Reading Time: 3 mins read
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Crypto Crash Information At the moment (12 July): The worldwide cryptocurrency market cap fell almost 3% to dip beneath $900 billion after a number of days within the final 24 hours. On the time of writing,  the crypto market cap was $889 billion, based on CoinMarketCap information on the time of writing (8.16 am, India time).

The worldwide crypto market quantity during the last 24 hours decreased 3% to $53.46 billion whereas the entire quantity in DeFi was $4.71 billion, representing 8.8% of the entire crypto market 24-hour quantity. The amount of all stablecoins was $48 billion, 90% of the entire crypto market’s 24-hour quantity. 

Bitcoin’s (BTC) dominance remained at 42.83% whereas its worth as soon as once more dropped beneath the $20,000 stage. BTC’s worth dropped 3.12% within the final 24 hours. On the time of writing, BTC was buying and selling at $19,937. Within the final 7 days, BTC worth has decreased by 1.28%

Crypto Rupee Index Change

Crypto Rupee Index (CRE8) by CoinSwitch fell 3.12% within the final 24 hours to Rs 2330 on the time of writing. CRE8 tracks crypto market efficiency in INR. 

Prime Crypto Costs on July 12

Ethereum (ETH): Ethereum worth decreased 5.44% to $1090 within the final 24 hours. Within the final 7 days, the ETH worth has decreased by 4.8%. It’s at the moment ranked because the 2nd largest crypto asset.

Binance (BNB): Binance Chain coin’s worth decreased 2.41% to $225.5 within the final 24 hours. Within the final 7 days, BNB worth has decreased by almost 3%. It’s at the moment ranked because the fifth largest crypto asset.

XRP: XRP coin’s worth decreased 4% to $0.3148 within the final 24 hours. Within the final 7 days, the XRP worth has decreased by 3.51%. It’s at the moment ranked because the seventh largest crypto. 

Solana (SOL): Solana’s worth decreased 5% to $33.85 within the final 24 hours. Within the final 7 days, the SOL worth has decreased by round 6%. It’s at the moment ranked because the ninth largest crypto asset.

Cardano (ADA): Cardano token’s worth fell 4.29% to $0.4591 within the final 24 hours. Within the final 7 days, ADA worth has decreased by 5.5%. It’s at the moment ranked because the eighth largest crypto asset.

Dogecoin’s (DOGE) worth decreased 6% within the final 24 hours. DOGE is at the moment ranked tenth. The worth of DOGE on the time of this report was $0.0623.

The worth of Polkadot (DOT) fell 2.35% to $6.6. Avalanche (AVAX) worth decreased over 6% to $17.6 within the final 24 hours. Each DOT and AVAX are at the moment ranked twelfth and sixteenth respectively on CoinMarketCap. 

Defying the downturn development, Polygon (Matic) worth elevated 5.35% to $0.5807 within the final 24 hours. Within the final 7 days, MATIC’s worth has elevated by 12%.  It’s at the moment ranked 18th on CoinMarketCap. 

Shiba Inu (SHIB) fell 5.55 per cent within the final 24 hours to $0.00001046. It’s at the moment ranked 14th on CoinMarketCap.

(Cryptos and different digital digital belongings are unregulated in India. They’re thought of extraordinarily dangerous for funding. Please seek the advice of your monetary advisor earlier than making any funding choice)





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Tags: AVAXBTCcrashCryptocryptocurrencyDOGEETHFallLoseNewsPricesSOLtodayTop
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