MPost Markets: cryptocurrency prices slid slightly

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The prices of major cryptocurrencies have slid slightly but remain relatively unchanged. While they fluctuated slightly over the day, the ups and downs were still rather small.

There has been a small decrease of 1.72% in the global crypto market cap and a much more noticeable one in the total crypto market volume. Over the last 24 hours, it’s fallen by 7.23%, while the trading volume of NFT-associated coins has fallen by 21.26%, over a fifth.

While bitcoin price slipped to 29,732 during the night, it’s back to $30,071.15, 1.49% down from yesterday. Ethereum’s ether is also down by 2.81% and is now trading at $1,748.83.

Binance’s BNB is down by 0.44%, Cardano’s ADA by 5.42%, and XRP by 1.16%. That’s not to say that all coins are in the red; Bitcoin SV BSV and Helium HNT are both up by approximately 6%.

Unfortunately, metaverse cryptocurrencies are also in the red. All major coins have experienced a slight fall: Flow is down by 1.50%, Tezos by 1.35%, Decentraland’s MANA by 4.33%, and ApeCoin APE by 4.50%. But not all metaverse cryptos are down; WEMIX is up by 11.63%, Xano Token XNO by 7.03%, and Splintershards by3.37%.

Metaverse Index MVI is also in the red, 3.40% down from yesterday, and is now trading at $49.23.

Source: CoinGecko.

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Any data, text, or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.

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.

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