World’s largest traded cryptocurrency; bitcoin, slipped over 5% today. The price of bitcoin was $44,840.53 at the time of writing. The market cap of the cryptocurrency fell to $842.42 billion. Other popular cryptocurrencies, too, were trading in the red today. Ethereum fell 8.40% to $3,011, and Dogecoin slipped 14.29% to $0.2881. Cardano declined by 6.9% in the last 24 hours.
The global crypto market cap stands at $1.89T, a 6.95% decrease over the last day. According to CoinMarketCap, the total crypto market volume in the previous 24 hours is $123.64 billion, making a 0.54% decrease. The total volume in Defi is currently $17.13B, 13.86% of the total crypto market 24-hour volume.
Other altcoins, too, slipped. Polkadot fell 11.37 % to $23.48. Litecoin declined 9.50% to $167 and XRP slipped 12% to $1.07.
Thanks to the surge of interest in Bitcoin, the market cap of cryptomarket exceeded $2 trillion for the first time since May, earlier this week.