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Cryptocurrency price today: Bitcoin, Ethereum, Shiba Inu in green, Dogecoin down; majority tokens gain

Cryptocurrency price today: Bitcoin, Ethereum, Shiba Inu in green, Dogecoin down; majority tokens gain

Crypto price today, August 22, 2022: Cryptocurrency markets are back in green. Bitcoin,  BNB, and Ethereum have gained. Avalanche, Solana, Cardano, and Ripple, mainstream layer 1 blockchain crypto tokens have also risen over the last 24 hours. Memecoin Shiba Inu is up while Dogecoin witnessed a downtrend. Most stablecoins remained pegged to $1 despite market volatility.

Majority top cryptocurrency tokens like Bitcoin, Ethereum,Solana, Shiba Inu have gained in the past 24 hours. Majority top cryptocurrency tokens like Bitcoin, Ethereum,Solana, Shiba Inu have gained in the past 24 hours.

Cryptocurrency prices are in the green this Monday morning. Crypto markets have gained in the past 24 hours. The global cryptocurrency market cap has risen and is up by 1.63 per cent from Sunday. CoinMarketCap, a cryptocurrency data aggregator, highlighted that the global cryptocurrency market cap is at $1.02 trillion, higher than Sunday’s levels. Cryptocurrency Bitcoin’s dominance stands at 40.05 per cent, a decrease of 0.13 per cent over the day. The total cryptocurrency market volume over the last 24 hours stands at $58.53 billion marking a 19.13 per cent reduction. 

Bitcoin, Ethereum, and BNB

Mainstream crypto tokens like Bitcoin, Ethereum and BNB have gained over the last 24 hours.

Bitcoin is trading at $21,413, up 1.07 per cent. Ethereum blockchain network’s native cryptocurrency Ether also showed an uptrend of 1.42 per cent. The cryptocurrency is trading at $1,603. The BNB cryptocurrency, native to Binance Smart Chain, gained a significant 5.48 per cent.

USDT, USDC, BUSD, and DAI

Stablecoins also showed a decent uptrend. USDT Tether stablecoin witnessed 0.01 per cent uptrend in its value over the last 24 hours and the stablecoin maintained its peg at $1. USDC stablecoin also gained 0.01 per cent and remained pegged at $1.

BinanceUSD witnessed a 0.02 per cent positive change in its value over the last 24 hours. The stablecoin is trading at $1 whereas the stablecoin DAI rose 0.03 per cent and is trading at $0.9997.

Layer 1 blockchain tokens  

Cryptocurrency tokens native to Layer 1 blockchain networks like Ripple, Avalanche, Cardano, and others also slipped down over the last 24 hours.

Cardano's ADA token gained 2.06 per cent. Solana blockchain network’s SOL rose by 2.48 per cent. Avalanche's AVAX is up by 1.53 per cent. Ripple blockchain’s XRP saw an uptrend of 1.42 per cent over the last 24 hours.

Polkadot and Polygon

Polkadot blockchain’s DOT token is up by 1.90 per cent and Polygon’s MATIC crypto has risen by 2.89 per cent over the last 24 hours.

Memecoins

Memecoin Doge slipped 0.38 per cent. Whereas meme cryptocurrency Shiba Inu is up 3.47 per cent over the last 24 hours.

Overall, majority top cryptocurrency tokens have risen from their previous positions over the last 24 hours.

Also Read: Cryptocurrency price today: Shiba Inu down 11% ; Doge, AVAX and Cardano slip 9% ; majority crypto tokens in red - BusinessToday
Also Read: Stablecoin HUSD loses parity with US Dollar; will this de-pegging cause a crypto crash? - BusinessToday

Published on: Aug 22, 2022, 7:55 AM IST
Posted by: aakanksha chaturvedi, Aug 22, 2022, 7:33 AM IST