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Cryptocurrencylistings Market: Bitcoin seems to be approaching the critical $20,000 threshold.

Metaverse Markets\

As the crypto winter persists, a majority of cryptocurrencies have recorded marginal losses in their values over the last 24 hours.

Since yesterday, Bitcoin's value has declined by 2.70%, and on a broader scale, it has plummeted by 30.33% over the past week. Currently, the coin is trading at $20,636.72 and is gradually approaching the pivotal $20,000 mark.

Bitcoin chart. Source: CoinGecko.

Ethereum's ether has also seen a drop in value, now standing at $1,077.67 after a 3.63% decrease. Other notable cryptocurrencies are following suit, with Binance's BNB down 0.76%, Cardano's ADA lowered by 2.15%, and Solana SOL decreasing by 1.93%. In contrast, XRP has managed to recover some of its worth, rising by 1.85%.

Decentraland's MANA has now outshone Flow in terms of market capitalization and is recognized as the leading cryptocurrency associated with collectibles and NFTs. MANA has increased by 1.92%, while Flow struggles, suffering a decline of 4.19% in the last 24 hours. On a positive note, Tezos XTR, Theta Network THETA, and ApeCoin APE are all performing well, with price increases of 2.32%, 4.97%, and 0.33%, respectively. Unfortunately, Sandbox's SAND has experienced a slight dip of 0.32%.

Significant price surges have been observed within the metaverse crypto segment. InSure DeFi has skyrocketed by an astonishing 26.63%, while Vivid Labs VID and LooksRare LOOKS have seen increases of 20.69% and 17.03%, respectively.

The Metaverse Index MVI has taken another hit, trading 0.5% lower than its value from yesterday at $34.73.

MVI chart. Source: CoinGecko.

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Disclaimer

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