Ethereum falls, shiba inu and cardano fall harder, solana rises
Bitcoin (BTC) made a significant plunge yesterday and most altcoins also had to believe it. However, several rates seem support and are in the process of repairing something this morning. Despite this, the total market cap of all cryptocurrencies...
Bitcoin (BTC) made a significant plunge yesterday and most altcoins also had to believe it. However, several rates seem support and are in the process of repairing something this morning. Despite this, the total market cap of all cryptocurrencies is dropping about 4% to $2.17 trillion.
Daily Market overview.
Market cap: $2.17T -3.96%⬇️
SPOT Volume 24h: $81.5B +5.12%⬆️$BTC dominance: 39.18% -1.18%⬇️
Fear & Greed Index: 51 neutral sentiment on the Market. Most projects in loss.#Bitcoin $BTC $ETH #Ethereum pic.twitter.com/2YCIBiwRFZ
— IT Tech (@IT_Tech_PL) Apr 1, 2022
Ethereum 3.8% in the minus
Ethereum (ETH) romped at USD 3,400 this week, but fell along with bitcoin yesterday. The ether price appeared to find support around USD 3,300 last night, but made another dip last night as far as USD 3,220. Ether appears to be finding support around USD 3,250 this morning, then rose slightly. However, the resistance around USD 3,300 now appears to be a bit too high. ETH is down 3.8% today.
In defense of Bitcoin maximalism:https://t.co/uuXFYmLaKX
— vitalik.eth (@VitalikButerin) Apr 1, 2022
SHIB, DOGE, DOT bags hard
Most major cryptos took even harder blows. In particular, both meme tokens, shiba inu (SHIB) and dogecoin (DOGE), fell hard. SHIB is down 8% at $0.0000254. DOGE is down 7.2% at $0.136. Polkadot (DOT) also shot down 6.9% to $21.3.
ADA, XRP, AVAX, BNB are also falling sharply
Cardano (ADA) appears to be recovering to $1.15, but is still 5.7% in the min. Avalanche (AVAX) is down 5% to $94.4. Ripple (XRP) is also down 5% and now stands at $0.82. Terra (LUNA) recovers slightly this morning to $102.6, but is still 4.5% in the red. Binance coin (BNB) fell slightly less hard and is currently pushing back towards USD 430. However, that is still 3.5% in the minus.
SOL is the only one in the plus
Solana (SOL) was on the cusp of breaking out yesterday and made a significant bounce back to the same price after the decline. However, SOL also had to believe it and this morning it dipped all the way to $119. This morning, SOL was able to rise again and is currently romping with $126 so that the price is still 1.2% in the plus today. SOL is now back above XRP, ADA and LUNA in terms of market cap.
Top 100 crypto hardest fallers
In the top 100, however, we see that a huge number of crypto are about 4 to almost 10% in the minus. Mina protocol (MINA), bittorrent (BTT), sandbox (SAND), helium (HNT), loop ring (LRC), zcash (ZEC), internet computer (ICP), filecoin (FIL) and neo (NEO) are all like this this morning A 9% in the min. For gala (GALA) and chiliz (CHZ) that is even almost 10%.
#chiliz † As anticipated, #CHZ dropped to $0.28 after the TD presented a sell signal.
Even though $CHZ could still drop to $0.24, I believe markets are gaining strength so I will exit my short positions here. https://t.co/sWcXGUv4md pic.twitter.com/jMhjs8hStU
— Ali Martinez (@ali_charts) Apr 1, 2022
Top 100 crypto hardest risers
On the green side, we still have synthetix (SNX) 3% in the plus and fantom 5%. Zilliqa (ZIL) continues to rise and is up 9%. That also applies to waves that are almost 13% in the plus today. Newcomer STEPN (GMT) is up 45% today and now comes in at 77e place in the top 100.
⚡️Top Projects by Price Performance in Q1 2022
Apr 1, 2022$CRPT $MAPS $WAVES $MAPLE $MOOV $NEST $KNC $PLOT $SPA $ZIL $BRIZE $RUNE $TWT $BAKE $JST pic.twitter.com/KqqoHgsL9p
— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) Apr 1, 2022
Crypto Insiders Premium altcoin analyses
Do you want to go deeper into the altcoins and their prices? Then take a look at our premium environment! This is where daily technical analysis is shared and discussed by the community and our analysts. You can also get in touch with our crypto coaches here who are happy to answer your questions. You can now try this for free and without obligation for the first 30 days!
Delegate Your Voting Power to FEED DRep in Cardano Governance.
DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!
