Crypto Prices Are Down in Last 24 Hours as Month-End Approaches -Breaking
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As the Month-End approaches, Crypto prices are down in 24 hours- The top 10 most valuable cryptos according to market capital have all fallen in the past 24 hours.
- The leader of CoinMarketCap’s largest cryptos by market cap, , is down 5.29% in the last 24 hours.
- The second-largest stablecoin in market cap is also at 0.04%, with a drop of 0.04% within the last 24 hour.
CoinMarketCap reports that the market capital of top 10 cryptos has fallen over the last 24hrs as we approach the end the month.
Prices for some of the most popular cryptocurrencies have dropped in the last 24 hours, while stablecoins saw a slight dip.
The leader of CoinMarketCap’s largest cryptos by market cap, Bitcoin, is down 5.29% in the last 24 hours – taking its price down to around $38,422 at the time of writing. Also, Bitcoin has been falling over the last week with a drop of 6.99% in 7 days.
Second place on the list, with a drop of 5.21%, has been down for the past 24hrs. Similar to Bitcoin and the rest of the top 10 cryptos, Ethereum’s 24-hour price dip is accompanied by a weekly price fall.
You can see that prices for the remaining cryptos on our top 10 list experienced a 24-hour drop. With a price drop of 9.71%, Bitcoin leads the list’s top 10. This could be because the news of Elon Musk’s acquisition of Twitter (NYSE:) may be simmering down.
USD Coin is the 2nd largest stablecoin in terms of market capital. It has fallen 0.04% over the past 24 hours. USD (UST) is another stablecoin to have dropped in the past 24 hours. Ranked number 15 on CoinMarketCap’s list, UST is down 0.14%.
Prices falling could be due to people withdrawing their crypto in order to cover their monthly bills.
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