Most government organizations have been meaning to regulate cryptocurrencies in their countries or have already regulated major cryptocurrencies like Bitcoin to maintain safety and decorum. Meanwhile, other nations like China and Nepal have ceased cryptocurrency transactions altogether. Fears of regulation and impeding centralization by the government have spilled over the market, leading to a major crash in the market values of all cryptocurrencies. The Executive Order issued by the Biden Government aims to engage all departments of the government to collaborate and create a framework of regulation for the adoption of digital assets. This also has adversely impacted the cryptocurrency market. In this article, Analytics Insight names the top cryptocurrency prices for April 29, 2022.
Bitcoin: US$39,544.34 (up by 0.45%)
Ethereum: US$2,922.46 (up by 1.25%)
Tether: US$1.00 (down by 0.01%)
BNB: US$404.60 (up by 3.71%)
USD Coin: US$0.9998 (down by 0.03%)
Solana: US$97.58 (down by 1.98%)
XRP: US$0.6394 (down by 1.58%)
Terra: US$85.59 (down by 4.48%)
Cardano: US$0.8371 (down by 0.42%)
Dogecoin: US$0.1429 (up by 2.55%)
According to coinmarketcap, the global crypto market cap is standing at US$1.81T, indicating a rise of 0.24% over the last day.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.