MPost Markets: Cryptocurrencies are in the red.
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Cryptocurrencies are in the red.
The price of bitcoin has slid over the weekend, and the coin is now trading at $20,554.06. The coin has lost 3.20% over the last 24 hours, but the seven-day trend still remains in the green, showing the coin has regained 4.95% of its value.
Ethereum’s ether has also seen a slight price drop of 2.61%, now trading at $1,146.96. Binance’s BNB, ERP, and Cardano’s ADA have all experienced price falls; BNB is down by 1.27%, XRP by 3.43%, and ADA by 2.82%. Monero XMR and Chiliz CHZ have seen moderate increases of 6.44% and 6.13%, respectively.
Unfortunately, many metaverse cryptocurrencies are also in the red. Flow is down by 4.83%, while Decentraland‘s MANA has seen a very similar price drop of 4.33%. Tezos XTZ, on the other hand, has experienced a price increase of 3.90%, unlike The Sandbox’s SAND, ApeCoin APE, and Theta Network, which have all seen price decreases. The price of sand has fallen by 4.26%, ApeCoin’s by 5.66%, and Theta Network’s by 3.69%. The price of SwftCoin SWFTC has jumped by 21.25%, marking the largest price increase among all metaverse cryptocurrencies.
With all the price decreases, the Metaverse Index has also seen a price drop. Down by 2.81%, the token is now trading at $37.46.
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