{"id":46666,"date":"2022-04-25T11:00:51","date_gmt":"2022-04-25T09:00:51","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=46666"},"modified":"2022-04-25T11:00:51","modified_gmt":"2022-04-25T09:00:51","slug":"cryptocurrency-market-suffers-another-fall-what-happened","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/cryptocurrency-market-suffers-another-fall-what-happened\/","title":{"rendered":"Cryptocurrency Market Suffers Another Fall; What Happened?"},"content":{"rendered":"<p style=\"text-align: justify\">Cryptocurrency market volatility continues to pummel the prices of digital tokens with Bitcoin (BTC) remaining <strong>below the $40k mark<\/strong> for the majority of the week, falling about 1.50 per cent in the last 7 days. Ethereum (ETH) along with other major cryptocurrencies also <strong>traded in the red.<\/strong> <!--more--><\/p>\n<p style=\"text-align: justify\">The global crypto market seems to be sailing on turbulent seas for quite sometime now. The total cryptocurrency market cap dropped by <strong>3.25 per cent<\/strong> in the last 24 hours and is currently at <strong>$1.79 trillion<\/strong>. However, the total crypto market volume over the last 24 hours is <strong>$71.84 billion<\/strong>, which makes a 37.20 percent increase.<\/p>\n<p style=\"text-align: justify\">The total volume in decentralized finance (DeFi) is currently <strong>$7.63 billion<\/strong>, 11.73 percent of the total crypto\u00a0market 24-hour volume. The volume of all stable coins is now <strong>$50.68 billion<\/strong>, which is 77.91 percent of the total crypto market 24-hour volume.<\/p>\n<p style=\"text-align: justify\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-46668 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2022\/12\/5_1.jpg\" alt=\"The Crypto Market Suffers a Fall During the Weekend, This Is What Has Happened\" width=\"1195\" height=\"484\" \/><\/p>\n<h2 style=\"text-align: justify\">Is BTC Toppling To Hit $30K?<\/h2>\n<p style=\"text-align: justify\"><img decoding=\"async\" class=\"aligncenter wp-image-46669 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2022\/12\/8_2.jpg\" alt=\"The Crypto Market Suffers a Fall During the Weekend, This Is What Has Happened\" width=\"815\" height=\"460\" \/><\/p>\n<p style=\"text-align: justify\">According to <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>, the world&#8217;s largest cryptocurrency by market cap, <a href=\"https:\/\/crypto-economy.com\/bitcoin-sell-off-after-a-retest-btc-may-drop-to-39-5k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> (BTC) is struggling at <strong>$38,497<\/strong>, dropping almost <strong>3.20 per cent<\/strong> in the last 24 hours. The flagship token failed to stand its ground after peaking at <strong>$40,524.76<\/strong> last week. Bitcoin\u2019s high point remained in the early days of January, when it hit almost $48,000 on January 2. So far, Bitcoin has stayed above its late January low point below <strong>$34,000.<\/strong><\/p>\n<p style=\"text-align: justify\">Last week, even when, the <strong>50-day and 100-day<\/strong> moving average lines went through a bullish crossover, Bitcoin failed to continue the bullish momentum and <strong>experienced a price meltdown<\/strong>. The next major support for BTC lies in the <strong>$36K-$37K<\/strong> region, if this level fails to hold, the price will likely drop to the <strong>$30K<\/strong> demand zone.<\/p>\n<p style=\"text-align: justify\"><img decoding=\"async\" class=\"aligncenter wp-image-46670 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2022\/12\/7_3.jpg\" alt=\"The Crypto Market Suffers a Fall During the Weekend, This Is What Has Happened\" width=\"1000\" height=\"544\" \/><\/p>\n<h2 style=\"text-align: justify\">Major Cryptocurrencies Seem To Be Under The Weather<\/h2>\n<p style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-46671 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2022\/12\/5_4.jpg\" alt=\"The Crypto Market Suffers a Fall During the Weekend, This Is What Has Happened\" width=\"807\" height=\"463\" \/><\/p>\n<p style=\"text-align: justify\">Ethereum (ETH), price has also dipped in last 24 hours. ETH is currently quoting <strong>$2,814<\/strong> logging more than <strong>4 per cent<\/strong> slide in last 24 hour.\u00a0Memecoins, Dogecoin (DOGE) price today is <strong>$0.1245<\/strong>, which signals that the cryptocurrency has dipped around <strong>7.40 per cent<\/strong> in last 24 hours. Shiba Inu (SHIB) is currently priced at <strong>$0.0002267<\/strong>, clocking <strong>6.69 per cent<\/strong> loss in last 24 hours.<\/p>\n<p style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-46672 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2022\/12\/3_5.jpg\" alt=\"The Crypto Market Suffers a Fall During the Weekend, This Is What Has Happened\" width=\"1203\" height=\"523\" \/><\/p>\n<p style=\"text-align: justify\">Over the past 24 hours, major altcoins such as Solana (SOL) and Avalanche (AVAX) have decreased around <strong>6 per cent<\/strong> to currently levitate at <strong>$95.50<\/strong> and <strong>$68.23<\/strong> respectively. Polkadot (DOT) XRP and Cardano (ADA) have recorded a dip in the range of <strong>6-8 percent<\/strong>. At present Terra (LUNA) is trading at <strong>$89.38<\/strong>, <strong>2.25<\/strong> percent decrease in the last 24 hours.<\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency market volatility continues to pummel the prices of digital tokens with Bitcoin (BTC) remaining below the $40k mark for the majority of the week, falling about 1.50 per cent in the last 7 days. Ethereum (ETH) along with other major cryptocurrencies also traded in the red.<\/p>\n","protected":false},"author":21,"featured_media":46676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,105,70,84,73,74,9156,113,90],"tags":[4602,4910,5536,4656,4677],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/46666"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=46666"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/46666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/46676"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=46666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=46666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=46666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}