Bitcoin, Altcoins Plummet With PPI Data, What Role Will Todays CPI Data Play ?
The bears have taken control on the overall cryptocurrency market as the global crypto market cap has plunged by 1.50% and is positioned at $909.8 Billion.
This market crash is led by Bitcoin, the first born cryptocurrency where it has lost $19,200 area and is trading at $19,043 with a fall of 0.52% over the last 24hrs. On the other hand, Ethereum is leading the altcoin correction with a drop of 1.10% in the last day and is changing hands at $1,281.
Other altcoins too have fallen prey to this pull back as in the last 24hrs Binance Coin (BNB) has declined by 2.52% while XRP has given up a whooping 6.60%.
The top losers list is led by Cardano as ADA has lost 7.11% over the last 24hrs to trade at $0.365 and it has declined by 15.62% in the last seven days. Solana has been pulled by 3.93% valued at $30.04. Also Polygon MATIc has joined the losers list after the currency had a negative pull off by 6.92% in the last 24hrs.
