Crypto Prices Today:

After trading positively for 3 days, Crypto prices appear to be entering the sluggish zone again. All major coins trade in the red. Curve DAO Token is trading low at 7.78%. Solana is down 6.27% in the last 24 hours. FTX fell 5.52%. The two largest cryptocurrencies Bitcoin and Ethereum suffered a setback of 2.10% and 3.56% respectively.

Crypto prices have fallen this month following the collapse of a major exchange FTX. However, the market started to see signs of a recovery as the coins started trading on the green on Thursday. The crypto market has fallen sharply by 2.61% in the past 24 hours. The global market capitalization is $819.87 billion.

The biggest losers when the market goes down

Huobi Token is down about 11% with the price of each token at $6.45, making a huge loss.

Source: coinmarketcap

The Chiliz sports token is also down 6.93% despite the soccer world cup being underway. Litecoin is down 6.63% and stands at $71.68.

Dogecoin, which received a double-digit pump on Black Friday, is also down about 3%. The sports token, ARG, has made a massive 14.49% dip despite the ongoing FIFA World Cup. The sports token was predicted to boom as is the official sponsor. Nevertheless, it seems that the sports token has no advantages.

Coins that trade in the green

There are a few coins that trade in the green. The crypto token Celo is up 15.53%, making it the biggest gainer in the past 24 hours, and stands at $0.649. ApeCoin is second on the list with a jump of 3.67%. Neutrino USD is up 2.27% with each coin at $0.9397.

Reasons for the fall

The ongoing lockdown in China during the Covid 19 outbreak has sparked a massive protest in the country. The quakes from China are shaking the global economy and also affecting Crypto prices.

Shourya is a crypto enthusiast who has developed an interest in corporate journalism in recent years. Shourya currently works as a writer at Coingape and is also an avid reader. Besides writing, you can see her at poetry shows, exploring cafes and watching cricket. As she says, “dogs are my home,” her first dog rescue was at age 7! She has continuously spoken out in favor of mental health and rainbow pride.

The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.

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