Cryptocurrency prices in India today, May 23: Ethereum above $ 2000, more than BTC

Top cryptocurrency prices in India today (May 23): Amid bearish sentiment around the world, the global cryptocurrency market is also struggling to recover from the recent crash. The global crypto market cap has fallen below $ 1.30 trillion, rising 2% to 29 1.29 trillion in the past day, according to CoinMarketCap. Bitcoin is priced just above the 30,000 barrier, reaching $ 30,104 at the time of writing.

In the last 24 hours, the global cryptocurrency market has jumped 28.89 percent to $ 62.37 billion. DeFi had a total volume of $ 8.22 billion, which is 13.17% of the total crypto market 24-hour volume. The amount of stable coins was $ 53.70 billion, which is 86.09% of the total crypto market 24-hour volume.

Bitcoin has fallen 2.41 percent in the last 24 hours. Meanwhile, the dominance of Bitcoin as the top crypto asset rose 0.13% to 44.58%. Overall Bitcoin prices have dropped 0.65% in the last 7 days.

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Experts say that the trend of influence in the crypto market is expected to continue.

“With the new lows in the stock market, the current bearish trend is likely to continue,” Darshan Bathija, CEO and co-founder of Vold, told FE Online.

Top crypto prices

Meanwhile, many top crypto prices have improved in the last 24 hours. Let’s see:

Etherium (ETH): The price of Etherium has risen 2.55% as it again crossed the $ 2000 mark in the last 24 hours and reached $ 2027. In the last 7 days, ETH price has decreased by 2.37%. It is currently the second largest cryptocurrency market in terms of market capitalization.

Binance (BNB): Binance Coin has risen 0.47% to $ 319 in the last 24 hours. In the last 7 days, the BNB rate has increased by 5.6%. It is currently the fifth largest crypto asset in terms of market capitalization.

XRP: The price of XRP coin has risen 1.31% to 4 0.4196 in the last 24 hours In the last 7 days, XRP price has decreased by 3.78%. It is currently ranked as the 6th largest crypto asset in terms of market capitalization.

Solana (SOL): The price of Solana has risen 3.83% to $ 52.14 in the last 24 hours. In the last 7 days, SOL price has decreased by 6.86%. It is currently the 9th largest crypto asset in terms of market capitalization.

Cardano (ADA): Cardano token price rose 2.31% to 3 0.5388 in last 24 hours. In the last 7 days, the ADA price has decreased by 7.9%. It is currently ranked as the 8th largest crypto asset in terms of market capitalization.

Popular memecoin Dogecoin (DOGE) prices rose 1.1% in the last 24 hours. DOGE is currently in tenth place in terms of market capitalization DOGE was valued at $ 0.08559 at the time of this report

Meanwhile, prices of Polkadot (DOT) and Avalanche (AVAX) rose 1.01% and 4.99% in the last 24 hours, respectively. DOT and AVAX are currently ranked 11th and 12th in CoinMarketCap Polygon (Matic) price has risen 2.61% to 6 0.6688 in the last 24 hours. It is currently ranked 17th in CoinMarketCap

(Cryptos and other virtual digital assets are unregulated in India. They are considered highly risky to invest in. Please consult your financial advisor before making any investment decision.)

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