What’s Happening In Crypto Today? Daily Crypto News Digest

In crypto news today:

Why is crypto down today?

Anchorage Digital Launching Crypto Settlement Network

260,000 Users and 250M NFT Mints Expected from SKALE-Virtualness Partnerships

Fake Bomber Sentenced to Three Years of Probation

Why is crypto down today?

The global cryptocurrency market capitalization today stands at $2.43 trillion. It is a 3.2% decrease over the past 24 hours, according to CoinGecko.



Among the top 100 coins per market cap, only five have seen their prices increase.

Ribbon Finance (RBN) is leading this list. It’s up 23% to $1.14.

WhiteBIT Coin (WBT), Lido DAO (LDO), Kaspa (KAS), and Bitget Token (BGB) are also on this green list.

On the other hand, CORE’s price fell the most: 10.5% to $2.

PEPE and FLOKI are down nearly 10%.

As for the top 10 coins per market cap, they are all red today.

Source: CoinGecko

The highest drop here is Solana (SOL)’s drop of 6.2% to $134.84.

Toncoin (TON)’s fall of nearly 6% to $5.24 is next, followed by Dogecoin (DOGE)’s 5.8% decrease to $0.1414.

Bitcoin (BTC) declined by 2.6%, currently trading at $62,255, while Ethereum (ETH) went down 4.1%, changing hands at $3,182.

Meanwhile, Ethereum gas fees saw a significant drop to $1.12 – their lowest levels in six months. 

Analysts from crypto analytics platform Santiment suggest that this decline could be a signal for an upcoming altcoin rally.

Also, Australia’s main market operator, ASX, is on track to greenlight the country’s first spot-based Bitcoin ETFs by the end of 2024. 

A spokesperson told Cryptonews that the operator is discussing crypto-based ETFs with “a number of” interested issuers.#write2earn🌐💹