Why are cryptocurrency prices falling today?

The global cryptocurrency market capitalization has decreased by another 0.3% and is now $2.72 trillion USD.

Most cryptocurrencies in the top 100 are glowing red.

Cryptocurrencies

Among these, CORE is the coin that has decreased the most in the past 24 hours, with a decrease of 6.3% and currently CORE price is at $1.69 USD.

Next is Render (RNDR) with a decrease of 5.1%, Render (RNDR) price is currently $10.58 USD

Other coins on today's discount list have drops of less than 4.5%.

On the contrary, Bittensor (TAO) had the biggest gain today, $TAO was up 11.3% and is trading at $477.61 USD. This is the only coin in the top 100 to achieve a double-digit increase.

SAFE was the next best performing cryptocurrency with a 6.4% increase, lifting its price to $2.45 USD. Also achieving this increase with SAFE is JasmyCoin (JASMY), the token price is currently $0.02197 USD.

Among the top 10 cryptocurrencies with the largest market capitalization, only 3 of them increased in price today.

Toncoin (TON) tops them, with a 2.2% gain and is trading at $6.45 USD.

Ethereum (ETH) and Lido Staked Ether (STETH) both posted gains of 1.15% and are trading at $3,790 USD.

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