Cryptocurrency is a global phenomenon in recent years, although this technology is still in its evolving state, there are already several worries and concerns about its future prospects. Supporters of Bitcoin and of the crypto market claim that these financial platforms are inherently not backed by any government or centralized institutions and hence are free from political bias, making it quite a lucrative opportunity for the decentralization supporters, and also for malicious practitioners. There are several factors that make policymakers clench their jaws while regulating the crypto market. Fears of regulating crypto have spilled over the entire market, resulting in major price volatilities. In this article, Analytics Insight presents the top cryptocurrency prices for April 25, 2022.
Bitcoin: US$39,106.88 (down by 1.51%)
Ethereum: US$2,862.48 (down by 2.99%)
Tether: US$1.00 (up by 0.00%)
BNB: US$394.27 (down by 2.43%)
USD Coin: US$1 (down by 0.02%)
XRP: US$0.6821 (down by 3.98%)
Solana: US$97.69 (down by 3.67%)
Terra: US$90.70 (down by 1.35%)
Cardano: US$0.8725 (down by 2.65%)
Avalanche: US$70.30 (down by 3.88%)
According to coinmarketcap, the global crypto market cap is standing at US$1.81T, indicating a decrease of 2.13% 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.