Crypto Price Today Live: Bitcoin falls below $22,500; Litecoin, Dogecoin tumble up to 8%

economictimes.indiatimes.com:

cryptocurrency markets were trading in the red on Friday, with a decline of 4% in the global crypto market cap. Bitcoin (BTC) fell 4.5% to $22,386, whereas Ethereum (ETH) was below the $1,600 level. BTC volume in the last 24 hours stood at approximately $26.01 billion, rising 12.56% in the last 24 hours. «In the past 24 hours, Bitcoin, Ethereum, and other cryptocurrencies dropped in value due to the release of US manufacturing data and uncertainties concerning access to banking services for crypto companies in the US. Furthermore, the fallout of Silvergate has also played a role in the decline. Bitcoin is at its lowest point in about two weeks and is trading below $23,000 at $22,300,» Edul Patel, Co-founder and CEO at Mudrex, said. Other top tokens were also trading lower on Friday. Litecoin declined by 8%. Dogecoin, Solana, Cardano, and BNB were also trading with cuts. The global cryptocurrency m-cap was trading lower around $1.03 trillion, falling 4.01% in the last 24 hours. The total volume in DeFi is currently 5.39 billion, 9.78% of the total crypto market 24-hour volume. The volume of all stablecoins is now $50.24 billion, which is 91.11% of the total crypto market 24-hour volume.

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The market cap of Bitcoin, the world's largest cryptocurrency, was around $432.63 billion. Bitcoin’s dominance is currently 42.09%, a decrease of 0.23% over the day, according to CoinMarketCap. «Big crypto-specific