Crypto Price Today: Bitcoin below $27,100; XRP, Polygon decline over 3%
cryptocurrency market cap declined 1.76% to around $1.06 trillion in the last 24 hours.
Bitcoin was down 2.09% at $27,051, while Ethereum was below the $1,600 level.
Other crypto tokens also declined on Wednesday. XRP, Cardano, Polygon and Polkadot fell by over 2%. While Shiba Inu, Litecoin, and Dogecoin also declined.
«Bitcoin slipped by 2% in the last 24 hours and is trading just above the $27,000 mark. The overall market is expected to remain choppy in the coming weeks due to geopolitical uncertainty and other macroeconomic factors,» said Shivam Thakral, CEO of BuyUcoin.
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View Details»Edul Patel, CEO of Mudrex, said, «Bitcoin hovers around the $27,100 mark amidst a minor uptick in US Equity markets, prompting investors to tread cautiously. To move forward, Bitcoin must breach the $27,300 resistance or potentially find support at $27,000.»
The total volume in DeFi is currently $2.05 billion, 7.83% of the total crypto market 24-hour volume. The volume of all stablecoins is now $25.15 billion, which is 95.89% of the total crypto market 24-hour volume.
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, declined to $527 billion. Bitcoin's dominance is currently 50.09%, according to CoinMarketCap. BTC volume in the last 24 hours fell 4.39% to $11.58 billion.
«Bitcoin is currently trading at $27,070, while Ethereum is priced at $1,558. This comes on the back of the Crypto Fear and
