News Report
June 02, 2022

MPost Markets: Bitcoin price falls below the $30K mark

Metaverse Markets' Review

Most cryptocurrencies have incurred further losses.

Bitcoin price has again slid under the $30K mark, now trading at $29,927.54, booking a 5.33% fall from yesterday. Ethereum’s ether is also doing worse, trading at $1,820.69, the price 6.11% lower than yesterday.

The prices of Binance’s BNB, Cardano’s ADA, and XRP have all slid by 5%-6% and most tokens experiencing a very similar price slump.

Solana SOL has done even worse, with a price fall of 11.58%. The Solana network experienced another outage that lasted over four hours. “Durable nonce instruction caused part of the network to consider the block is invalid, no consensus could be formed,” explained Solana Labs co-founder Anatoly Yakovenko. The feature has been disabled and a fix will be out as soon as possible. This outage has, unfortunately, affected SOL prices.

MPost Markets: Bitcoin price falls below the $30K mark
Solana 24-hour price change. Source: CoinGecko.

On the other hand, Waves is still doing well, with a 24-hour price increase of 8.96% and the weekly price increase of an impressive 89.88%.

All major metaverse cryptocurrencies are in the red. With BakeryToken BAKE taking the brunt of the fall, with an 18.61% drop in price, others aren’t doing that much better. Flow’s price has fallen by 6.74%, Decentraland’s MANA by 7.05%, ApeCoin APE by 9.10%, Tezos by 9.75%, The Sandbox’s SAND by 5.75%, and Axie Infinity’s AXS 11.32%.

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

More articles
Karolina Gaszcz
Karolina Gaszcz

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

Hot Stories
Join Our Newsletter.
Latest News

Is Europe’s Banking System Ready For Stablecoins? I Went To Barcelona To Find Out

At EBC Barcelona, banks said euro stablecoins await custody and capital rules — while payment firms and ...

Know More

Shufti, Jumio, Sumsub, And Beyond: Top 6 Identity Verification And Compliance Platforms To Know In 2026

Shufti, Sumsub, Incode, Veriff, Persona and Jumio compared on compliance lifecycle coverage, pricing transparency and fraud detection ...

Know More
Read More
Read more
Bitget Launches Open Custody Network, Giving Institutions Choice In Custody and Access To Markets
News Report Technology
Bitget Launches Open Custody Network, Giving Institutions Choice In Custody and Access To Markets
October 16, 2026
Gate Update: Gate Money Strategy, Stock-Futures Gains and Stablecoin Push Define Exchange’s Week
Digest News Report Technology
Gate Update: Gate Money Strategy, Stock-Futures Gains and Stablecoin Push Define Exchange’s Week
October 16, 2026
OpenAI Report: Internal Research Model Spent Funds From Unauthorized Testnet Wallet To Deploy Smart Contracts
News Report Technology
OpenAI Report: Internal Research Model Spent Funds From Unauthorized Testnet Wallet To Deploy Smart Contracts
October 16, 2026
October’s 2nd Week In Crypto: Ripple, Gate And Orbi Announce New Partnerships
News Report Technology
October’s 2nd Week In Crypto: Ripple, Gate And Orbi Announce New Partnerships
October 16, 2026