The Exchange Rate Of Bitcoin And Ethereum Fell Significantly In A Day

The Exchange Rate Of Bitcoin And Ethereum Fell Significantly In A Day

The Exchange Rate Of Bitcoin And Ethereum Fell Significantly In A Day

Market analysts noted that the cryptocurrency sector lost almost 3% of capitalization in just a day (as of 12:00 Moscow time on August 2, 2022). Experts stressed that all the world’s leading assets have fallen in price. First, this affected Bitcoin (BTC) and Ethereum (ETH).

The flagship cryptocurrency has lost about 2% in value per day. Its price fell to $22,826, while the market supply reached $436.62 billion. At the same time, traders were a little calmer than in previous days and made deals worth $27.5 billion in 24 hours.

The second cryptocurrency, Ethereum, has lost value more significantly. Its rate was around $ 1581.2, which is 6.1% lower than the same indicator a day ago. The market capitalization of the virtual asset fell to $192.83 billion, while bidders secured transactions worth $18.25 billion.

Experts emphasized that the capitalization of the entire industry has decreased to $1.05 trillion because almost all digital coins and tokens from the top 100 ratings have fallen in price over the past day. Among the worst in this indicator was Filecoin (FIL). This virtual currency fell in price by as much as 19.2% per day, dropping to $8. The total supply was $1.98 billion, and the trading volumes for the day were $1.22 billion.

EOS (EOS) and Arweave (AR) also showed poor results for short-term investors. They became cheaper by 12.4% and 11.4% respectively.

Earlier, the editors of Crypto.ru reported: that experts told about the most profitable crypto assets for the week as of August 1, 2022, inclusive. The Bitcoin Standard Hashrate Token (BTCST) was named the most profitable token, having risen in price by more than 196% in 7 days. Its cost reached $23.9.

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