Global Crypto Market Cap Down More Than 2% Over the Last 24 Hours

• The global crypto market cap stands at approximately $1.09 trillion.
• There has been a 4.86% increase in trading volume over the last 24 hours.
• MATIC is the only top 10 crypto that experienced a 24-hour gain.

The global crypto market cap has dropped just over 2% over the last 24 hours according to CoinMarketCap. At press time, the total crypto market cap is estimated to be $1.09 trillion. This 24-hour drop comes after prices marketwide printed 24-hour losses.

The crypto market tracking website also shows that there has been a 4.86% increase in the total trading volume in the crypto market over the last 24 hours, and that 9.85% of the total volume over the last 24-hour period took place in DeFi.

Almost all of the top 10 cryptos by market cap printed price losses over the last 24 hours, except for Polygon (MATIC) which was able to accumulate an outlier gain of 5.48% during the same time period.

The prices of Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) are all down at press time. Currently, BTC’s price stands at around $23,692.50 after dropping 3.62%, ETH’s price drop of 1.29% has brought its price down to $1,658.71, and BNB’s 3.40% drop in price over the last 24 hours has brought its price down to $308.90.

Meanwhile, the prices of Ripple (XRP) and Cardano (ADA) dropped 2.90% and 2.84% respectively over the last 24 hours. As a result, XRP’s price stands at $0.3879 at press time, and ADA’s price stands at $0.3944.

Lastly, the popular meme coin, Dogecoin (DOGE), is trading at $0.08633 after its price printed a 24-hour loss of 2.99%.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.