Crypto Price Today Live: Bitcoin below $21,800k; BNB, Dogecoin tank up to 7%

economictimes.indiatimes.com:

cryptocurrency market was trading in the red on Tuesday. Bitcoin (BTC) fell 0.47% to $21,745, whereas Ethereum (ETH) was below the $1,500 level. BTC volume in the last 24 hours stood at approximately $22.24 billion, rising 14.9% in the last 24 hours. «The crypto market is feeling the pressure of regulatory concerns in the US as BTC continues to trade below the $22,000 mark while Ether slipped below the $1500 mark. Most of the digital assets are in the red as investors are parking their funds in less volatile assets for better times. The latest regulatory developments in the US will strengthen Asia’s position as a global hub for the digital asset industry,» Shivam Thakral, CEO of BuyUcoin, said. Other top crypto tokens were also trading lower on Tuesday. BNB fell 6.6% while Dogecoin, Polygon, Shiba Inu and XRP were also trading with cuts. The volume of all stablecoins is now $56.69 billion, which is 102.11% of the total crypto market 24-hour volume.

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The market cap of Bitcoin, the world's largest cryptocurrency, was around $419.34 billion, with a dominance of about 41.84%, according to CoinMarketCap. «Bitcoin traded lower in the last 24 hours due to bearish market sentiment ahead of the upcoming US inflation report. BTC hit multi-week lows as bears are taking the lead over bulls. BTC’s immediate support is at US$21,650, with resistance at US$21,800. Meanwhile, ETH hit a one-month low on Monday, currently