February 5, 2023

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Crypto-markt blijft bloeden: cardano en shiba inu dalen ‘t hardst

Cardano and Shiba Inu fall into a tougher place » Crypto Insiders

Bitcoin (BTC) Made this morning Another decent dive And again we see a lot Altcoins Fall more difficult. Prices are being hit hard for several consecutive days, perhaps the most severe in the past 24 hours. The total market capitalization of all cryptocurrencies fell 4.3% to $1.82 trillion, the lowest in more than two weeks. Can the price recover now or will it fall even deeper?

Ethereum drops 5% again

Ethereum (ETH) It actually dropped to $2,700 yesterday afternoon, but then recovered slightly. However, the price did not exceed $2,750 and started dropping again quickly last night. Ether comes in this morning at $2,630, which is at least 5% higher than it was 24 hours ago and up to 10% higher than last week. It is the lowest price of ETH in over two weeks.

XRP & Solana are the strongest

Ripple (XRP) It held its best among the biggest altcoins in the last 24 hours. XRP made a big jump yesterday afternoon, but fell again during the night. However, XRP is the only price to turn green, even if it is only at 0.7%. XRP comes in at $0.79 this morning and is down 4.1% from last week.

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Next, Solana (SOL) holds the strongest, mainly because the price has already fallen a bit this morning. bounce, bounce It can go up to $88.8. However, SOL is down 2% today and 7% from last week. The avalanche (AVAX) is down 6% today, but managed to rally sharply earlier this week, with the price down “only” 2.1% compared to last week.

Biggest Cryptocurrency Down

Then follows dogecoin (DOGE), which is down 4.1% today and 5.1% this week. DOGE drops to $0.137. Polkadot (DOT) lost 4.5% of its value today but is down 9.4% from last week and comes in at $17. Binance coin (BNB) is down 5.1% today at $380 and is at a low of 5.7% this week, Terra coin (LUNA) is down 5.2% today and 6.2% this week to $48.7.

Cardano drops to lowest price in a year

So we have Cardan (ADA) Which is at least 6.2% in minus today and up to 11.3% this week. ADA fell all the way to $0.93, its lowest price in literally an entire year. On February 20, 2021, the ADA rose above this price and today is dropping that low again for the first time since then.

Shiba Inu falls more difficult

However, among our biggest cryptocurrencies, the biggest loser is shiba inu (SHIB). SHIB stock is down a whopping 10.2% today and 12.4% this week. SHIB stock fell to $0.000000255, but it is still 13% higher than last week. However, SHIB is still 36000% higher than last year, but 70% lower than high all the time 4 months ago.

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This week’s Top 100 Most Powerful Slopes & Actors

The rest of the top 100 are also red. Radix (RDX), fantom (FTM), curve (CRV), helium (HNT), secret (SCRT) and Engine Coin (ENJ) value is 8% per minute. Harmony (ONE), gala (GALA), and frax share (FXS) up to 11%.

Tezos (XTZ), Stacks (STX) and Arweave (AR) are down 19% this week, with Quantity (QNT) and Market Share (FXS) down 20%. For harmony (single), root (RDX), flow (flux) 21%. Elrond (EGLD), sandbox (SAND) 22% and Theta Network (THETA) up to 23%.

However, we have some prices that are still higher compared to last week. For Juno (JUNO) this is 4.4%, for klaytn (KLAY) 6.7% and neo (NEO) up to 10.6%.