In recent weeks, the cryptocurrency market has experienced a major downturn, arising from the aftermath of the collapse of the FTX exchange. The prices of the most prominent cryptocurrency have continued to drop in the last few days. Over the past 24 hours, Bitcoin, the largest cryptocurrency (by market cap) in the world lost about 2.78% of its value, whereas Ethereum, the second largest crypto also went down by about 3.70% over the past day. Other highly popular cryptocurrencies such as Binance Coin, Dogecoin, Polygon and many other cryptocurrencies also saw their values plummet.
Crypto Prices For Top Cryptocurrencies
Let’s take a look at the price movement of the top cryptocurrencies by market cap and popularity over the past 24 hours, as of November 22, 2022:
Bitcoin (BTC): Over the past 24 hours the price of Bitcoin has gone down by 2.78%. The current Bitcoin price stands at $15,698. Over the past 7 days, the price of Bitcoin has dipped by around 6%. The current Bitcoin market cap stands at around $301.6 billion.
Ethereum (ETH): Ethereum also lost around 3.70% value over the past 24 hours, with the current price standing at $1087. Over the last 7 days, the price of Ethereum has significantly gone down by around 13.33%. The market cap of Ethereum today stands at around $133 billion.
Binance Coin (BNB): The native cryptocurrency of the Binance exchange, BNB also lost value, going down by 3.07% over the past day, with the current price at $253.. Over the past 7 days, the price of BNB has gone down by 8.72%. The current market cap of BNB at the time of writing stands at $40.46 billion.
Ripple (XRP): The price of Ripple went down by 0.62% over the past day, and currently stands at a price of $0.353. The price of Ripple has gone down by around 6% over the past week. The market cap of XRP currently stands at $17.79 billion.
Cardano (ADA): Cardano has also lost 1.48% value over the past 24 hours with the current price at $0.30. Over the past week, the price of Cardano has gone down, with a negative 9.56% change in 7 days. The current market cap of Cardano stands at $10.38 billion.
Solana (SOL): Solana went down by about 3.00% over the past 24 hours, with the current price standing at $11.44. Overall, Solana has lost about 19.42% in the past week. The current market cap for Solana stands at $4.14 billion.
Polygon (MATIC): The price of Polygon also slipped, going down by 2.50% over the past 24 hours, with the current price at $0.78. Polygon has also been losing value consistently over the past 7 days, as it has gone down by around 15% over the past week. The Polygon market cap today is $6.85 billion.
Dogecoin (DOGE): The dog-meme cryptocurrency has lost over 3.21% over the past day and the price today stands at $0.074. Over the past 7 days, however, Dogecoin has crashed by around 15% and the current market cap stands at $9.80 billion.
Disclaimer: The prices of all cryptocurrencies have been recorded from CoinMarketCap at the time of writing and they are subject to change. This article does not intend to pass on any financial advice and BQ Prime does not endorse any of the cryptocurrencies mentioned above. Please invest at your own discretion.
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