Bitcoin, Ethereum Values Continue To Crash, All Major Cryptocurrency Values Continue To Sink

Major Cryptocurrencies like Bitcoin, and Ethereum prices continue to fall as per worldcoinindex, and the situation is very grim. As per data obtained from coin360, the total volume of stable coins stood at $57.81 billion, representing 86.23 percent of the entire crypto markets in the past 24 hours.

Most Cryptocurrency Values Tank

Most Cryptocurrency values continued to tank, and as per data from coin360, the crypto asset market cap has contracted by 2.65% and stood at $1.23 trillion as compared to the previous day. The crypto sector market volume surged by 21.76 percent representing $67.03 billion in the past day.

DeFi volume was $7.02 billion and represented 10.48 percent of the total crypto asset pie in the past day. The stable coin volume in totality stood at $57.81 billion and represented 86.23 percent of the entire crypto sector’s volume in the past one day.

Cryptocurrency BTC,ETH,USDT,USD In The Red

As per CoinMarketCap, Bitcoin (BTC) values hovered at $30,363.47. It represents a fall of 0.32% in the past 24 hours while it showed a slight increase of 1.26%  in the past one week. Its market cap was $30,363.47 and a volume of $578,415,125,176 in the past 24 hours. Its circulating volume was $23,995,212,820 and a circulating supply of 19,062,525 BTC.

As per CoinMarketCap, the values of Ethereum (ETH) hovered at $1,803.74. It represents a fall of 0.00% in the past 24 hours while it showed a decrease of 1.21% in the past week. Its market cap was $217,850,599,559 and a volume of $14,092,071,069 in the past 24 hours. Its circulating volume was 121,104,321 ETH.

The values of Tether (USDT) stood at $0.9993. It represents a fall of 0.01%% in the past 24 hours while it showed a decrease of 0.00% the previous week. Its market cap was $72,379,227,984 and a volume of $46,727,719,636 in the past 24 hours. Its circulating volume was 72,430,549,553 USDT

The value of the USD Coin stood at $1.00. It represents a fall of 0.03% in the past 24 hours, while it showed a rise of 0.03 % in the past week. Its market cap was $53,734,660,761 and a volume of $3,824,908,928 in the past 24 hours. Its circulating volume was 53,727,728,376 USDC