Cryptocurrency Market Cap Shrinks to $1.80 Trillion; Bitcoin Hits its Lowest of April

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Crypto markets appears to be on a realignment spree. The global cryptocurrency market cap decreased by 4% over the past day, amounting to $1.80 trillion, as per CoinMarketCap data. Although, on 18 April 2022, the global crypto market cap was $1.85 trillion.

Moreover, the prices of all cryptocurrencies have boosted up to 8% since Monday morning. While Bitcoin still dominates as the No.1 crypto, its price increased by 0.19% over the past day, hitting the 41.05% mark, its lowest yet bid in April. The bitcoin price, therefore, on April 18, 2022, was $38,958. This is the quite a few notches down as the bitcoin price on April 2 had crossed $47,000. On the Indian exchanges, bitcoin is currently selling at around INR 31,23,079.

On another note, the prices of all the other crypto assets and digital coins have decreased over the past day. Top cryptocurrencies like Ethereum was down 4.60% to $2905 while Binance coin (BNB) coin price also decreased by 3.39% to $400.58. Ripple (XRP) price decreased by 5.72% to $0.7375 while Solana was down by 6.03% to $96.06. Cardano (ADA) price also tumbled down by 6.84% to $0.885, and Terra (LUNA) price is currently down 5.06% to $77.33. The popular Dogecoin price has also decrease by 6.33% to $0.135.

The top crypto gainers of this time

Metacyber (METAC), ranked 3264, on CoinMarketCap has jumped up by 629% to $0.00000148 in the past day while Kinsman (KINTA), ranked 4170, price increased by 504% to $0.02364 over the past 24 hours.

The top trending tokens

Shiba Inu (SHIB), STEPN (GMT), Bitcoin, Polygon and Adadao were the most trending cryptocurrencies on CoinMarketCap. The prices of all these top trending coins have decreased in the past day.

Meanwhile, BNB, Solana, Near Protocol, Green Satoshi token, NYM, PancakeSwap are other cryptos in the top 11 trending cryptocurrency list.

Nitish Vaibhav
Nitish Vaibhav
Nitish Vaibhav is the Founder of the The Trading Bay. A computer science engineer turned an Entrepreneur 5 years ago. He has been in trading since 4 years in Forex and Crypto using his price action strategies. Involved in Content Creation full time for 3 years, Nitish is top rated writer on many content writing websites. He is also a YouTuber in India making videos about Crypto and Forex.

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