Crypto Market – October 12, 2022
Bitcoin has remained stable despite increased volatility in the majority of conventional market assets, including U.S. government bonds.
The price of Bitcoin (BTC) fluctuates between $18,858 and $19,267. Today, Bitcoin is trading at $19,143, an increase of 0.1%.
The crypto market is split on Wednesday as investor sentiment remains low ahead of US Fed inflation data. Federal Reserve officials have reaffirmed their commitment to preventing inflation, which they see as the biggest threat to the economy.
- Market Cap: $1,099,050,125,507.71
- 24h Vol: $57,232,662,279.87
- BTC Dominance: 37.13%
The worldwide cryptocurrency market value is $964 Billion, down 0.73 percent in 24 hours and 59.97 percent in a year. Bitcoin’s market worth is $367 billion, with 38.12% domination. Stablecoins’ market value is $149 billion, or 15.51% of the overall crypto market size.
The majority of the largest cryptocurrencies by market capitalization are trading negatively. LUNA, DYDX, and HBAR outperformed the market by 17%, 9%, and 8%, respectively. Also
Dogecoin gained 3%, while Bitcoin and Ethereum both increased. XRP and Solana both dropped 3%, followed by a 1% decline in Shiba Inu and Polygon.
- XRP $0.489090
- Solana $31.34
- Dogecoin $0.060414
- Shiba Inu $0.000010
- Polygon $0.80
- Terra Luna Classic $0.000291
- Hedera $0.065577
- Terra $2.83
- dYdX $1.44