Cryptocurrency Price Today: Bitcoin, Solana, Polkadot Gain, Ether Slips as Crypto Markets Brace for Ethereum Merge
Crypto price today, September 12, 2022: The growth of cryptocurrency markets has slowed this Monday morning. Most layer one blockchain tokens, such as Cardano, Solana, and Avalanche, have gained, while memecoins such as Shiba Inu and Dogecoin have lost ground. The stablecoins DAI and BUSD have experienced volatility.
Over the last 24 hours, cryptocurrency prices have seen a slowing in growth. The global cryptocurrency market cap is up 0.09 percent from Sunday’s levels and now exceeds $1 trillion. According to CoinMarketCap, the global cryptocurrency market cap is $1.06 trillion. The total cryptocurrency market volume over the last 24 hours is 68.40 billion, a 6.41 percent decrease from the previous day. Bitcoin’s dominance is 39.48 percent, down 0.69 percent from the previous day.
Bitcoin, Ethereum and BNB
Bitcoin, Ethereum and BNB have showcased positive momentum over the last 24 hours.
Bitcoin is trading at $22,065 and is up by 2.02 per cent. BNB, native to Binance Smart Chain, witnessed an uptrend of 0.48 per cent. Ethereum blockchain network’s Ether showed a slight uptrend of 0.06 per cent. The crypto token is trading at $1,763.
USDT, USDC, BUSD and DAI
Stable coins USDT, BUSD and USDC have slipped over the last 24 hours while DAI has gained.
USDT Tether stablecoin fell 0.01 per cent in its value over the last 24 hours and is trading at $1. USDC stablecoin also slipped 0.02 per cent and is trading at $0.9998. BinanceUSD or BUSD witnessed a 0.06 per cent negative change in its value over the last 24 hours. The stablecoin is trading at $0.9997 whereas the stablecoin DAI rose 0.07 per cent and is trading at $1.
Layer 1 blockchain tokens
Cryptocurrency tokens native to Layer 1 blockchain networks like Solana, Avalanche, and Cardano have gained while Ripple witnessed downtrend over the last 24 hours.
Ripple slipped 0.09 per cent. Cardano’s ADA token is up 0.12 per cent. Solana blockchain network’s SOL gained by 2.16 per cent. Avalanche’s AVAX is up by 0.68 per cent.
Polkadot and Polygon
Polkadot’s native cryptocurrency DOT has gained while Polygon’s native crypto token MATIC has slipped over the last 24 hours. DOT token is up by 0.68 per cent and Polygon’s MATIC crypto token has come down by 0.56 per cent over the last 24 hours.
Memecoins
Memecoins also showed negative momentum. Dogecoin is down by 0.79 per cent, whereas meme cryptocurrency Shiba Inu has slipped 1.28 per cent over the last 24 hours.
Overall, majority of the top cryptocurrency tokens have risen from their previous positions over the last 24 hours.
