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
Market cap: $1.91T (-3.38%) $BTC dominance: 38.75% (-0.13%)
Fear & Greed Index: 24 (Extreme Fear)
— 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
— 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.
— Coinwink (@Coinwink) Apr 18, 2022
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— CryptoRank Platform (@CryptoRank_io) Apr 17, 2022