CRYPTOCURRENCY PRICES UPDATES: Prices for cryptocurrencies have fallen this Thursday morning. The market capitalization of all cryptocurrencies fell by 2.57 percent, falling below the USD 900 billion threshold to USD 899.23 billion. The overall volume traded in cryptocurrencies during the past 24 hours is USD 89.03 billion, up 29.54 percent from Wednesday's levels. With a 0.11 percent increase over the previous day, Bitcoin has a 39.36 percent market share.
BNB, Ethereum, and Bitcoin: Over the past 24 hours, Bitcoin, Ethereum, and BNB have all decreased.
Bitcoin is currently down 2.58 percent and trading at USD 18,450. Ether, the native cryptocurrency of the Ethereum blockchain network, is currently trading at USD 1,251 after falling 6.14 percent. Native to Binance Smart Chain, BNB cryptocurrency saw a 0.51 percent small decline.
USDC, DAI, USDT, and BUSD: While BUSD demonstrated a change in the wrong direction, stablecoins USDT, DAI, and USDC have experienced upward momentum. Every stablecoin kept its peg at USD 1.
The price of USDT Tether stablecoin increased 0.01 percent over the previous day to trade at USD 1. The USDC stablecoin also increased and is now trading at USD 1, up 0.03 percent. DAI, a stablecoin, is now trading at USD 1 after gaining 0.12 percent. Over the past 24 hours, BinanceUSD, or BUSD, has seen a 0.02 percent decline in value. The price of the stablecoin is USD 1.
blockchain tokens at layer 1: Ripple, Solana, Avalanche, and Cardano, which are native to Layer 1 blockchain networks, have also demonstrated negative momentum during the past day.SOL on the Solana blockchain experienced a 2.51 percent rise. While Avalanche's AVAX declined 0.76 percent, Ripple's price dropped 1.26 percent. Cardano's ADA exhibited a decrease of 4.73 percent.
Polygon with Polka Dot: Both the native cryptocurrencies of Polkadot and Polygon, DOT and MATIC, have seen negative momentum. Over the past 24 hours, the MATIC crypto token from Polygon has decreased by 3.38 percent and the DOT token has decreased by 2.14 percent.
Memecoins: Also, meme cryptocurrencies showed a downward trend. Dogecoin is down 3.11 percent, while Shiba Inu, a meme cryptocurrency, is down 1.58 percent on the same day. Over the past 24 hours, the bulk of the leading cryptocurrency tokens have experienced a decline from their prior positions.