Crypto Market – Sept 22, 2022

After the US Federal Reserve shook things up again with another 75 basis points, the top crypto tokens couldn’t keep their gains and went down today.

Over the past 24 hours, the price of Bitcoin (BTC) has been between $18,126 and $19,966. As of 4 p.m. UTC today, BTC is trading at $18,993, which is a drop of 1.04%.

  • Market Cap: $1,006,997,014,126.48
  • 24h Vol: $60,582,806,301.99
  • BTC Dominance: 38.58%

The total value of all cryptocurrencies on the market is $956 billion right now, down 1.34 percent from 24 hours ago and 53.16 percent from a year ago. Currently, Bitcoin (BTC) has a market valuation of $362 Billion, a 37.86% share of the total. At the same time, the market value of stablecoins is $153 billion, or 15.99% of the overall cryptocurrency market value.

Except for the stablecoins that are tied to the US dollar, all of the top crypto tokens were trading in the red on Friday. Ethereum dropped by another 6%, while Cardano, Dogecoin, and Polygon all fell by more than 3%.

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