The year 2022 clearly demonstrates the volatility that the crypto market carries with itself. Bitcoin and Ethereum, the top cryptocurrencies in the market continue to plummet, dragging down all other altcoins as a snowball effect. Investors hold a lot of expectations from the top 10 cryptos in the market. Currently, cryptocurrencies have become an exciting ride for those who wish to experience the volatility of the market, infact, long-term investors have become quite familiar with the volatility that entails it, whereas, there are several others who believe that it might be not possible for them to endure this fluctuation. Here, Analytics Insight enlists the top cryptocurrency prices for October 7, 2022.
Bitcoin: US$19,942.66 (down by 0.28%)
Ethereum: US$1,353.97 (down by 0.30%)
Tether: US$1.00 (down by 0.00%)
USD Coin: US$1 (up by 0.01%)
BNB: US$283.15 (down by 0.60%)
XRP: US$0.4906 (up by 0.32%)
Binance USD: US$1.00 (up by 0.00%)
Cardano: US$0.427 (down by 0.32%)
Solana: US$33.45 (down by 0.67%)
Dogecoin: US$0.0634 (down by 0.43%)
According to coinmarketcap, the global crypto market cap is standing at US$957.02B, indicating a decrease of 1.73% over the last day.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.