On the morning of May 7, 2022, the Global Crypto Market was capped at $1,360,705, down by 1.81 percent. The overall crypto market volume over the previous 24 hours has decreased by 21.84 percent equating to $90.43 billion dollars.
The overall 24-hour volume of all stable currencies is currently $84.01 billion dollars, accounting for 92.90 percent of the total crypto market volume. Despite continuous fall, Bitcoin continues to hold a 41.62% market share, maintaining its dominance with an increase of 0.17% over the day. Bitcoin and Ethereum together make up more than 50% of the crypto market, although other, newer coins have started to gain significant share.
On the morning of May 7th, 2022 Bitcoin’s is priced at $35,815.26 with a dip of 1.76% in the last 24 hours while Ethereum is priced at $2,6662.65 with a dip of 3.07%.
Altcoins are seen mostly in red. BNB, Ripple, Terra, Dogecoin, Shiba Inu, and Tron have all lost between 5-6% in the past 24 hours. Even more price drops are evident from Solana (-11%), Cardano (-9%), Polkadot (-10%) and Avalanche (-13%).
In addition, this quarter, nearly 22 percent of Non-Fungible Tokens (NFTs) traded were blockchain games’ assets suggesting that blockchain gaming has its finger on the pulse of NFTs and is displaying positive signals.
These were the values of the main cryptocurrencies on the morning of May 7th, 2022 (info from CoinDesk):
|Crypto||Value (in USD)||24 hour %|
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