Crypto Market – Aug 2, 2022
According to Coingecko statistics, the market capitalization of all cryptocurrencies is now $1.05T, a decrease of -3.05 percent from the previous day.
By market size, the majority of the big cryptocurrencies are trading at a loss.
- Market Cap: $2,505,038,251,563.44
- 24h Vol: $100,052,997,774.34
- BTC Dominance: 50.74%
Over the last 24 hours, the price of Bitcoin (BTC) has fluctuated between $22,725 and $23,514. BTC is now trading at $22,816, down by -2.05 percent as of 9:00 AM (UTC).
Bitcoin, Avalanche, and Polygon all see up to 5% drops; Polkadot increases by 8%.
Following quiet trading volumes over the weekend, the crypto cart had mixed activity throughout the early hours of Monday.
In response to indications that the economy was faltering, investors were uneasy.
Only Polkadot, Shiba Inu, and Tron were trading lower on Monday among the major crypto tokens. Avalanche, Solana, and BNB all had declines of two percent, while Polygon saw a four percent decline. Shiba Inu increased by 3% while Polkadot grew by 6%.