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Despite minimized crypto trading over the weekend, Ethereum has successfully broken its US$1,500 resistance and is marching towards US$1,800. Even though volatility still ravages the market, some of the major cryptocurrencies are striving forward to retain their recovery values after the crypto market sank. The price of Bitcoin and other digital assets plummeted after investors started dumping risk assets due to the persistently high inflation rates and other geo-political crisis situations. Here, Analytics Insight enlists the top cryptocurrency prices for August 8, 2022.
Bitcoin: US$23,337.66 (up by 0.10%)
Ethereum: US$1,712.04 (up by 0.08%)
Tether: US$1.00 (up by 0.00%)
USD Coin: US$0.9999 (up by 0.00%)
BNB: US$325.61 (down by 0.12%)
XRP: US$0.3741(up by 0.21%)
Cardano: US$0.5323 (down by 0.08%)
Binance USD: US$0.9998 (down by 0.01%)
Solana: US$41.98 (up by 0.10%)
Polkadot: US$8.79 (down by 0.01%)
According to coinmarketcap, the global crypto market cap is standing at US$1.11T, indicating an increase of 1.54% 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.
