The crypto market continues to decline. There is downward movement in the top five cryptocurrencies in terms of market capitalization.
Bitcoin, the world’s largest crypto currency in terms of market value, which lost the resistance level of $ 30,000 last week and regressed to the band of $ 22 thousand at the weekend, has been trading at $ 27,506 with a loss of 0.38 percent since yesterday.
With the implementation of the highly anticipated Shanghai update on April 12, Ethereum, which witnessed an upward movement in its price, decreased in value. Ethereum, which has lost 1.14% in the last 24 hours, is changing hands at $ 1,845.
In the last 24 hours, the most valuable cryptocurrency was Index Chain (IDEX), with an increase of 12.90%, Star Atlas DAO (POLIS) with 3.73%, Stacks (STX) with 2.49%, district0x (DNT). ) rallied 2.12%, and VGX, the token of bad-loan crypto firm Voyager, gained 1.23%.
The crypto currency that lost the most since yesterday was Woo Network (WOO) with 13.55 percent depreciation, Injective Protocol (INJ) 9.49 percent, Quickswap (QUICK) 9.69 percent and Aragon (ANT) It fell 8.3 percent.
Dogecoin, which is animated with the Twitter logo, continues to decline
All of the major cryptocurrencies in the top five in terms of market capitalization have downward movements: Binance Coin (BNB) 0.61%, XRP 1.13%, Arbitrum (ARB) 8.21% and Cardano (ADA), on the other hand, recorded a decline of 1.97 percent.
Signals that billionaire and tech entrepreneur Elon Musk will bring Dogecoin to Twitter as a means of payment have led to high volatility in the price of DOGE in recent weeks. There is a downward movement in the price of DOGE, which started to rise again after Twitter’s blue bird logo was replaced by a Shiba dog. Dogecoin, which has fallen by 1.85 percent in the last 24 hours, has lost its position in the top five cryptocurrencies in terms of market capitalization, falling to the eighth place.
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