Crypto Market – October 1, 2022

The U.S. Commerce Department’s report indicating the world’s biggest economy is in recession struck Wall Street.  Inflationary fears dampened interest in cryptocurrencies like Bitcoin and Ethereum. Cryptocurrency markets are divided amid risk aversion.

Bitcoin (BTC) has been trading between $19,118 and $20,183 during the previous 24 hours. Today, BTC is trading at $19,342, down -1.33%.

  • Market Cap: $1,099,050,125,507.71
  • 24h Vol: $57,232,662,279.87
  • BTC Dominance: 37.13%

The worldwide cryptocurrency market valuation is $977 Billion, down 0.6% in 24 hours and 55.1% in a year. Bitcoin’s market valuation is $370 billion, indicating 37.84% domination. Stablecoins have a $150 billion market value and 15.32% of the crypto market cap.

Major cryptocurrency tokens traded mixed this Saturday, October 1. Of the top 20 coins, Ethereum falls marginally, along with XRP and ADA. Polkadot falls -1.7%, and Solana falls -3.2%. Doge and Shiba Inu are up 2.5% and 1.3% respectively, Uniswap is up 1.8%.

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$ADA, $DOGE, $SHIB, $SOL, $XRP, Bitcoin, Crypto market, Ethereum, Polkadot, Uniswap

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