Cryptocurrencylistings Markets: The cryptocurrency market is facing a decline.
Cryptocurrencies are in the red.
Bitcoin's value dropped during the weekend, currently trading at $20,554.06, representing a 3.20% loss over 24 hours. However, it’s noteworthy that in the past week, Bitcoin has seen a recovery of 4.95%.
Ethereum’s ether has also declined slightly by 2.61%, now priced at $1,146.96. Alongside this, Binance's BNB, ERP, and Cardano's ADA have all seen dips; BNB is down 1.27%, while XRP has dropped 3.43%, and ADA decreased by 2.82%. On a brighter note, Monero XMR and Chiliz CHZ have posted moderate gains of 6.44% and 6.13%, respectively.
Regrettably, many cryptocurrencies in the metaverse sector are also underperforming. Flow has dropped by 4.83%, and similarly, MANA has decreased by 4.33%. Conversely, Tezos XTZ is enjoying a rise of 3.90%, while other tokens like The Sandbox’s SAND, ApeCoin APE, and Theta Network are all seeing declines: SAND down 4.26%, APE down 5.66%, and Theta by 3.69%. Interestingly, SwftCoin SWFTC has surged by an impressive 21.25%, marking the highest increase among its peers in the metaverse. Decentraland With numerous cryptocurrencies dropping in value, the Metaverse Index is also facing a decline, now trading at $37.46 after a 2.81% dip.
Cryptocurrencylistings Markets: The cryptocurrency market has seen some growth; Bitcoin remains above the $20,000 level.
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Disclaimer
In line with the Trust Project guidelines Karolina is a writer and journalist with a rich background in literary studies. She's passionate about innovative technology and art, often finding NFTs to be a fascinating blend of both worlds. When she's not working, she enjoys nurturing her plants, exploring vintage fashion, and gaming.
