What’s Happening In Crypto Today? Daily Crypto News Digest

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Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

In crypto news today:

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Over the past 24 hours, the global crypto market capitalization fell 2.8% to $2.3 trillion.

The total cryptocurrency trading volume in the last day is $79.4 billion.

Very few coins are in the green territory today.

Helium (HNT) is the best performer among the top 100, with a 12.6% increase to $7.09.

It’s followed by Akash Network (AKT)’s 12% increase to $2.99, as well as Artificial Superintelligence Alliance (FET)’s 9.5 rise to $1.43.

The remaining eleven green coins are up 2% and below.

On the red side, we find Notcoin (NOT) with the biggest loss. It fell 9.3% to $0.008655.

And while PEPE decreased around 5%, the rest are down some 4% and below.

As for the top 10 coins per market cap, they are all red.

Dogecoin (DOGE) recorded the biggest loss of 2.8%, trading at $0.10606.

Tron (TRX) is now far behind, having seen a 2.4% fall to the price of $0.16201.

At the same time, Bitcoin (BTC) dropped the least. It is down 1.5%, currently changing hands at $62,846.

Ethereum (ETH)’s price at the time of writing is $2,686 after it decreased by 2%.

Meanwhile, the market reacted earlier today to speculation that the US Federal Reserve may reduce interest rates in September.

Furthermore, Defiance’s new single-stock long-leveraged MicroStrategy exchange-traded fund (ETF) saw $127 million inflows in six days.

In crypto news today, last week, BTC saw its price rise to $65,000, while risk assets in general rallied following the comments from US Federal Reserve Chair Jerome Powell about a potential rate cut in September.

Anal