Despite the hard crypto crash of the most popular cryptocurrency in the crypto market, Bitcoin is carrying the crypto bear flag for crypto investors. It has plummeted from US$68k in 2021 to US$17k in 2022. Today, it is a green flag for Bitcoin as the cryptocurrency price has touched US$23k. Global inflation is causing investors to dump riskier assets like cryptos and stocks, adversely affecting crypto businesses. But as the crypto market increasingly follows the footsteps of the stock market, the more mainstream economic downturns affect the decentralized market. Here, Analytics Insight enlists the top cryptocurrency prices for October 12, 2022.
Bitcoin: US$19,087.03 (up by 0.03%)
Ethereum: US$1,289.661 (up by 0.21%)
Tether: US$1 (up by 0.00%)
USD Coin: US$1.00 (up by 0.00%)
BNB: US$272.14 (up by 0.10%)
XRP: US$0.4881 (down by 0.07%)
Binance USD: US$1.00 (down by 0.03%)
Cardano: US$0.3923 (down by 0.11%)
Solana: US$31.14 (up by 0.22%)
Dogecoin: US$0.06045 (down by 0.22%)
According to coinmarketcap, the global crypto market cap is standing at US$$921,53B, indicating a 0.39% increase over the last day.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.