Ethereum, cardano and most altcoins plunge on Easter Monday


Easter Monday turns pretty red for all cryptocurrencies. Bitcoin (BTC) took another hit this morning, but most altcoins are falling even harder. The total market cap of all crypto even dips back below $1.9 trillion and after a drop of almost 4% comes to $1.89 trillion.

📈Market Overview#BTC price trades below $40K

The Top 10 are traded in red zone $ADA -6.8%, $LUNA -5.8%, $AVAX -5.6%

Market cap: $1.91T (-3.38%) $BTC dominance: 38.75% (-0.13%)
Fear & Greed Index: 24 (Extreme Fear)

Full Report👉https://t.co/PCUrVO8ljy pic.twitter.com/ibT5nDd2OD

— CryptoRank Platform (@CryptoRank_io) Apr 18, 2022

Ethereum drops 4.5%

Ethereum (ETH) continued to move very cautiously upwards last week, but that came to an end last night. The ether price failed to hold at $3,070 and then dropped slightly below $3,000 but appeared to be holding out for a while. However, this morning, ETH plummeted to $2,900, its lowest price in nearly a month. ETH is therefore down 4.5% today and almost 10% down compared to a week ago.

the EF spent $48M in 2021

it has 350K ETH ($1B) and $300M fiathttps://t.co/1AL68I5YgF pic.twitter.com/0yLXNHy3Aj

— Justin Ðrake 🦇🔊 (@drakefjustin) Apr 18, 2022

BNB, SOL, LUNA, XRP drop significantly

Of the largest altcoins, it is the binance coin (BNB) that holds up best. Still, BNB plummets all the way back to $400, putting the price down by 3.5%. Solana (SOL) drops by no less than 5.5%, bringing the price back below $100 to $96.5. Terra (LUNA) also loses 5.5% of its value and now stands at $77. Ripple (XRP) is even down 5.7% to $0.736.

AVAX, DOGE, SHIB, ADA, DOT drop even harder

Avalanche (AVAX) is already down 6% and currently stands at $73. Dogecoin (DOGE) loses 6.2% of its value and drops to $0.135. Shiba inu (SHIB) is also down 6.2%, falling to $0.00002416. Cardano (ADA) is down a whopping 6.8% in the last 24 hours and currently stands at $0.88. Polkadot (DOT) is this time the biggest loser among the largest crypto and is 7% in the min. DOT is still holding above $17.

Top 100 crypto hardest fallers

Helium (HNT), ecash (XEC), gala (GALA), chiliz (CHZ), theta (THETA), synthetix (SNX), enjin coin (ENJ), chainlink (LINK), axie infinity (AXS), internet computer ( ICP), vechain (VET), tezos (XTZ), bitcoin cash (BCH), convex finance (CVX) and thorchain (RUNE) are all down 8% or more this morning. For kusama (KSM) that is 9% and for zilliqa (ZIL), eos (EOS), waves (WAVES) and filecoin (FIL) that is even 10%. STEPN (GMT) is the biggest loser of the top 100 and is down 10.5% today.

Top 100 crypto hardest risers

However, not everything is in the red. Frax share (FXS) is up a cautious 2% and newcomer chain (XCN) is up 6.7%, but the USD 0.115 was still too much this morning. Stacks (STX) just skyrocketed this morning, rising 8.8% to $115. Then decred is still worth mentioning. The DCR race also made a huge jump and briefly entered the top 100. However, the rate was rejected at $80 and is falling sharply again this morning. Nevertheless, DCR is still 18% in the plus and is currently at position 101.

Top gainer: Decred #DCR $DCR increased by 36.80% in 24h! Create your #Decred (DCR) crypto alert: https://t.co/Ps9SoRH4Bh pic.twitter.com/B4QmTVgtJv

— Coinwink (@Coinwink) Apr 18, 2022

Learn more about altcoins, crypto and blockchain

Do you want to learn more about trading, analyzing and using cryptocurrencies? Join Crypto Insiders Premium and come and have a look for free for the first 30 days. Ask analysts questions, chat with our avid community and receive technical and fundamental analysis daily!

Top 10 Gainers Of The Week$KROM +191%$MTRG +94%$WGRT +65% #PINKSALE +30%$MARSH +29%$CFX +28%$SURV +20%$MAPE +13%$NWC +12%$GMT +10%

https://t.co/AgXao7y3eB pic.twitter.com/CDrmS3emka

— CryptoRank Platform (@CryptoRank_io) Apr 17, 2022





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