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Home Crypto Trading

Crypto Market Update: Bitcoin plunges 2.42%, Ethereum by 2.11%

Apurwa Anand by Apurwa Anand
July 16, 2021
in Crypto Trading, Market
0
Crypto Market Update 16th July 2021

The global crypto market on 16th July 2021 is showing a bearish movement with a decrease of 1.99% over the last day. With this downtrend, the total market cap will become $1.30T. The total crypto market volume over the last 24 hours is $67.48 B, which makes an increase of 7.50% over the last day. 

By showing a jump of over 2% on the last day, the world’s most popular cryptocurrency Bitcoin fell by 2.42% and trading at $31,684.95 at the time of writing. With this, its market dominance just remained at 45.65%, a decrease of 0.25% over the last day.

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Following the track of Bitcoin, Ethereum fell by 2.11% in the last 24 hours, trading at $1912.29 at the time of writing. 

Tether, Binance Coin, and USD Coin are the only coins in the top 10 list that are showing green. Tether at the time of writing is trading at $1.00 by observing an increase of 0.01% in the last 24 hours. Binance Coin with an increase of 2.84% is trading at $312.27 and USD Coin at $1.00 by observing an increase of 0.02% in the last 24 hours. 

Other coins that showing downtrends in the top 10 list are:

  • Cardano with a fall of 1.80% is trading at $1.21
  • XRP with a fall of 1.30% is trading at $0.6029
  • Dogecoin with a fall of 4.60% is trading at $0.1831
  • Polkadot with a fall of 3.34% is trading at $12.88

Overall the market is showing a mixed trend for crypto traders. As crypto investment is subject to market risk, observe the market to make a smart investment decision. Follow our blog to keep yourself updated with all the latest updates. 

Tags: crypto market

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