What’s Happening In Crypto Today? Daily Crypto News Digest
Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...
In crypto news today:
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Over the past 24 hours, the global crypto market capitalization fell 2.8% to $2.3 trillion.
The total cryptocurrency trading volume in the last day is $79.4 billion.
Very few coins are in the green territory today.
Helium (HNT) is the best performer among the top 100, with a 12.6% increase to $7.09.
It’s followed by Akash Network (AKT)’s 12% increase to $2.99, as well as Artificial Superintelligence Alliance (FET)’s 9.5 rise to $1.43.
The remaining eleven green coins are up 2% and below.
On the red side, we find Notcoin (NOT) with the biggest loss. It fell 9.3% to $0.008655.
And while PEPE decreased around 5%, the rest are down some 4% and below.
As for the top 10 coins per market cap, they are all red.
Dogecoin (DOGE) recorded the biggest loss of 2.8%, trading at $0.10606.
Tron (TRX) is now far behind, having seen a 2.4% fall to the price of $0.16201.
At the same time, Bitcoin (BTC) dropped the least. It is down 1.5%, currently changing hands at $62,846.
Ethereum (ETH)’s price at the time of writing is $2,686 after it decreased by 2%.
Meanwhile, the market reacted earlier today to speculation that the US Federal Reserve may reduce interest rates in September.
Furthermore, Defiance’s new single-stock long-leveraged MicroStrategy exchange-traded fund (ETF) saw $127 million inflows in six days.
In crypto news today, last week, BTC saw its price rise to $65,000, while risk assets in general rallied following the comments from US Federal Reserve Chair Jerome Powell about a potential rate cut in September.
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