Most Of The Top Cryptocurrencies Are Currently Trading in The Red

  • ETH and BNB are both down by more than 1%.
  • MATIC was one of the biggest losers over the past day with a price drop of more than 3%.

As the weekend comes to an end, the short lived relief the crypto market experienced seems to be doing the same. Almost all of the top cryptos by market cap are currently trading in the red. This included Ethereum (ETH), Binance Coin (BNB), Polygon (MATIC), Dogecoin (DOGE), Solana (SOL), and Shiba Inu (SHIB).

ETH is trading hands at $1,783.32 after a 1.31% drop in price over the past day. The altcoin is, however, still in the green by more than 20% over the last week. ETH’s 24 hour trading volume is in the red zone, and now stands at $8,703,752,412 after a more than 30% decrease.

BNB is also down and is now trading hands at $336.38 after a 1.95% price decrease since yesterday. As is the case with ETH, BNB is also still up by more than 20% over the past week.

MATIC is one of the altcoins that suffered the most over the past 24 hours, and is now trading at $1.19 after a more than 3% price drop. Over the same time period, MATIC was able to reach a high of $1.25 and a low of $1.17. The altcoin’s 24 hour trading volume is down by more than 30% and now stands at $433,859,438.

The meme coins DOGE and SHIB are also in the red today by 3.50% and 2.36% respectively. Despite this, DOGE is still up by 11.96% over the last week while SHIB is up 5.96% over the same period of time. DOGE’s market cap of $9,870,352,599 makes it the 9th biggest crypto while SHIB’s market cap of $6,424,085,643 means that it is ranked as the 13th biggest crypto.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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