What’s Happening In Crypto Today? Daily Crypto News Digest #CryptoMarketMoves
Best CryptoBitcoinCrypto News #VoteForMe
Get your daily, bite-sized digest of blockchain and crypto news today – investigating the stories flying under the radar of today’s news
Why is crypto down today?
Over the past 24 hours, the global cryptocurrency market capitalization fell 2% to $2.18 trillion
The total crypto trading volume in the last day is $83 billion
Less than a quarter of the top 100 coins per market cap have seen their prices rise in this timeframe
Monero (XMR) is the day’s best performer, having seen an increase of 4.2% to $164.36.
Flare (FLR) is right behind it, with a 4.1% increase, trading at $0.01614
While BEAM appreciated just above 3%, the rest of the green list is up around 1% or less.
At the same time, FLOKI fell the most. It’s down 18.4%, currently changing hands at $0.0001281
Artificial Superintelligence Alliance (FET) and Klaytn (KLAY) decreased by 9.7% and 9%, respectively, while the rest of the red coins are down less than 7%
Furthermore, only two of the top 10 coins per market cap have appreciated in the last day.
TRON (TRX) is up 1.2% to the price of $0.16115, while Dogecoin (DOGE) increased 0.4% to $0.10087.
Solana (SOL) decreased the most today. Its price is down 3.7% to $139.37.
Ethereum (ETH) fell 0.8%, currently trading at $2,524, while Bitcoin (BTC) remained unchanged, trading at $59,408.
Meanwhile, the recent Ethereum exchange-traded fund (ETF) approval by the US SEC has generated significant interest, but the crypto industry still faces a number of obstacles due to stringent regulations imposed by the US President Joe Biden’s administration and other government agencies.
Also, US spot Bitcoin ETFs saw $71.73 million in net outflows on Thursday, marking the third consecutive day of declines.
Stablecoin Market Cap Rises 11 Months in a Row
In crypto news today, the total stablecoin market capitalization saw a 2.89% increase in August.
