The crypto market is the most volatile investor market. Hence, if it’s in the ‘green’ now it might be in the ‘red’ a few minutes later. The market has been dipping again. However, the market had been gaining recently.

Major coins that declined

Bitcoin (BTC), the largest cryptocurrency, saw a significant drop. The coin lost 0.36% and traded at $47,368.07 at 1:47 p.m. ET. The market capitalization stood at $899 billion, down by 0.32%. Moreover, the 24-hour trading volume increased by 8.18% to $34.12 billion.

Solana (SOL), another major crypto, dropped 1.12% and traded at $109.99 at 6:57 a.m. ET. The market capitalization stood at $35.7 billion, down by 1.06%. However, the 24-hour trading volume gained significantly. It rose by 8.28% to $3.1 billion.

Avalanche (AVAX), the second best performer of the last month, lost 2.68% and traded at $104.19 at 1:55 p.m. ET. The market capitalization stood at $35.8 billion, down by 2.68%. However, the 24-hour trading volume significantly increased by 36.92% to $1.2 billion.

Cardano (ADA), that has been trending on Twitter, for a while had fallen by 2.17% and traded at $1.17 at 1:57 p.m. ET. The market capitalization stood at 40 billion, down by 2.39%. Moreover, the 24-hour trading volume slightly dropped by 11.20% to $1.9 billion.

The meme-frenzy cryptocurrency, Shiba Inu (SHIB), declined 6.25% and traded at $0.00002685 at 7:00 a.m ET. Moreover, its rival Dogecoin (DOGE) gained 4.04% and traded at $0.1449 at 7:00 a.m. ET.

Coins that gained

Ethereum (ETH), the second-largest digital token, saw a significant gain. The coin 0.61% and traded at $3,396.98 at 2:01 p.m. ET. The market capitalization stood at $408 billion, up by 0.55%. Moreover, the 24-hour trading volume increased by 3.41% to $21.08 billion.

Stepn (GMT) gained massively today, when other major coins dipped. The token was up by 38.81% and traded at $1.48 at 2:11 p.m. ET. The market capitalization stood at $894 billion, up by 39.65%. Moreover, the 24-hour trading volume increased by 59.59% to $2.22 billion.

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