Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Fawpac2 on May 29, 2021, 08:24:51 PM
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The price of Ethereum has fallen by 8% in the past 24 hours, according to data from metrics site Nomics.
Ethereum’s price started to drop from 6 am UTC, when it sank, steadily but almost without reprieve, from $2,548 to its current price of $2,374. Ethereum’s market cap is now $274 billion.
Bitcoin, the largest cryptocurrency with a market cap of $647 billion, has fallen by 6.8% in the past 24 hours to $34,500. Binance Coin has fallen by 7.18% to $318, and Cardano by 10% to $1.4.
In fact, most of the top coins have fallen, and today’s mid-afternoon dip has seared 4.85% off of crypto’s global market capitalization, which now sits at $1.59 trillion.
The dip even erased some of the startling gains made by privacy coins Monero and ZCash this morning. Just a few hours ago, they recorded daily gains of close to 30%. The dip has trimmed that to 7.82% for Monero and 2.94% for ZCash. Source (https://cryptonews.net/720713/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)