Cryptocurrency price today in India, May 20: After Crypto Crash, Bitcoin, ETH, SOL, ADA, DOGE, DOT, MATIC increase up to 6%

Top World World Cryptocurrencies Today in India (May 20, 2022): The global crypto market value has increased by 2.87% in the last 24 hours. At the time of writing, the global crypto market value was $ 1.28 trillion, according to data from CoinMarketCap. The Bitcoin price also broke through the $ 30,000 barrier, reaching $ 30,161 at the time of writing.

The volume of the global cryptocurrency market over the past 24 hours fell by 0.46% to $ 82 billion. Total DeFi volume was $ 7.42 billion, or 9.04% of total 24-hour crypto market volume. Stablecoin volume was $ 72.98 billion, or 88.94% of total 24-hour cryptocurrency market volume.

The price of Bitcoin has risen by 3.31% in the last 24 hours. Meanwhile, Bitcoin’s dominance as the leading cryptocurrency increased by 0.14% to 44.83% during the day. The total price of Bitcoin has fallen by 1.4% over the last 7 days.

Crypto Crash Update (May 18): Bitcoin, Solana, Ethereum, Cardano, DOGE, DOT go down by up to 9%!

cryptocurrency today

Crypto-crash update: Bitcoin, Ethereum, Solana, ADA, BNB to DOGE, MATIC – major cryptocurrencies lose up to 12%

bitcoin dominance is rising

What’s happening to Bitcoin in the midst of the global cryptocurrency market crash?

bitcoin price analysis and prediction

Bitcoin price prediction: One of the reasons why the BTC market may soon return from the $ 30,000 level

No rapid recovery

Although Bitcoin and several other top altcoins have regained some of their lost price over the past 24 hours, experts are of the opinion that a rapid recovery in the crypto markets will not happen in the near future.

ALSO READ | How to keep your cryptocurrencies safe even if the stock market goes bankrupt

“Bitcoin, Ethereum and other altcoins were moving in line with the stock market. The bearish sentiment on Wall Street has also spread to the crypto markets. Just 24 hours after US Federal Reserve Chairman Jerome Powell said 50-basis basis rate hikes would continue to keeping inflation in check, the markets responded with a risk-free approach, ”he told FE Online Darshan Bathija, CEO and co-founder of Vauld.

“A rapid recovery in the crypto market would be unlikely unless macro conditions improve,” he added.

Best crypto prices

Made with Flourish

Meanwhile, many of the best cryptocurrencies have risen over the last 24 hours. So:

Ethereum (ETH): Ethereum price increased 3.44% to $ 2,021 within the last 24 hours. In the last 7 days, the price of ETH has fallen by 2.98%. It is currently ranked as the second cryptoactive by market value.

Binance (BNB): The Binance coin price rose 4.39% to $ 308 over the last 24 hours. Over the last 7 days, the exchange rate of the BNB has risen by 0.85%. It is currently ranked as the fifth largest cryptocurrency by market value.

XRP: The price of the XRP coin has fallen by 6.01% to $ 0.435 in the last 24 hours. In the last 7 days, the price of XRP has fallen by 2.02%. It is currently ranked 6th among cryptocurrencies by market value.

Solana (SOL): The Solana price rose 1.53% to $ 51.72 in the last 24 hours. In the last 7 days, the price of SOL has increased by 2.98%. It is currently ranked as 9th among cryptocurrencies by market value.

Cardano (ADA): The price of the Cardano token rose 2.36% to $ 0.5331 over the last 24 hours. Over the past 7 days, the price of ADA has fallen by 1.82%. It is currently ranked 8th among cryptocurrencies by market value.

Popular memecoin price Dogecoin (DOGE) has fallen 2.59% in the last 24 hours. DOGE is currently ranked 10th in terms of market value. The price of DOGE at the time of this report was $ 0.0869.

Meanwhile, prices of Polkadot (DOT) and Avalanche (AVAX) have risen by 2.71% and 0.35% respectively within the last 24 hours. DOT and AVAX are currently ranked 11th and 13th on CoinMarketCap. The price of Polygon (Matic) has risen by 2.53% to reach 0.6535 within the last 24 hours. It is currently ranked 17th on CoinMarketCap.

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investments. Please contact your financial advisor before making any investment decision)

Leave a Comment