[ad_1]
Cryptocurrency price today: On Monday, August 8, the cryptocurrency market traded in the green as investors appeared to have mostly recovered from Friday’s surprisingly strong jobs report. all the top encryption The tokens traded with good gains on Monday. The avalanche rose more than 13 percent, while Solana rose more than 6 percent. BNB stock rose 6 percent, followed by a 5 percent rise in Cardano and Polkadot each. Globalism Cryptocurrency The market capitalization traded higher at $1.12 trillion, and is up 3 percent in the past 24 hours. However, total trading volume jumped more than 4 percent, to close to $44.63 billion.
Co-founder and CEO Edul Patel said: “Bitcoin, the largest cryptocurrency by market cap, has remained largely unified. Although the top cryptocurrencies haven’t moved much, we have seen some sectors perform better than others. Web3, on For example, he has done exceptionally well over the past week. We are probably heading into an exciting week. With the install process going for some time now, this week could be more volatile.”
Bitcoin, the world’s largest and most popular cryptocurrency, traded nearly $24,090 higher. On the other hand, Ether, the currency linked to the Ethereum blockchain and the second largest cryptocurrency, rose more than 5 percent to $1,769. Meanwhile, the Dogecoin price rose today by more than 2 percent at $0.06, while the Shiba Inu was also up about 2 percent, reaching $0.00012.
Shivam Thakral, CEO of BuyUcoin, said: “Ether is outperforming most crypto assets with its impressive rally and is poised to become the top performing crypto asset for 2022.”
Although the cryptocurrency has gained in recent weeks, it is still far from the highs it reached at the end of last year. Bitcoin price was hovering around $23,000, down from around $69,000 in November of last year.
In other news, the public spat between global crypto platform Binance CEO Changpeng Zhao (better known as CZ) and WazirX co-founder Nischal Shetty has hit nearly 15 million registered users (as of August) on the Indian crypto exchange.
The Department of Enforcement (ED) said it recently conducted a search on one of the managers of M/s Zanmai Lab Pvt Ltd that owns popular crypto exchange WazirX.
Here are the top 10 cryptocurrencies and their prices on August 5, 2022, Friday, (according to data from coinmarketcap.com)
Bitcoin $24,090 or 4.82% Gain in the Last 24 Hours
Ethereum $1,769.74 or 5.10 percent gain in the last 24 hours
Tie a gain of $1.00 or 0.00 percent in the last 24 hours
USD Coin 0.9998 USD or 0.02 percent loss in the last 24 hours
BNB gained $329.86 or 5.54 percent in the last 24 hours
XRP $0.3817 or 2.61 percent gain in the last 24 hours
Binance $0.9999 or 0.01 percent loss in the past 24 hours
Cardano $0.5177 or 1.33 percent gain in the last 24 hours
Solana $40.38 or 6.64 percent gain in the last 24 hours
Polkadot $9.28 or 9.59 percent gain in the last 24 hours
Read the latest news And the Breaking news over here
[ad_2]
Source link
