MPost Markets: Downward trends continue; Bitcoin plunges below $20,000

MPost Markets: Downward trends continue; Bitcoin plunges below ,000
MPost Markets: Downward trends continue; Bitcoin plunges below ,000

Cryptos are still plummeting, while bitcoin is edging towards the $19k mark.

Bitcoin has definitely seen better days. The price has dropped by another 3.41%, and the coin is now trading at $19,171.57.

Seven-day bitcoin chart.

Ethereum’s ether is fairing even worse, as the coin has seen a 4.11% price slide, mostly occurring within the last hour. Ether is now trading at $1,027.28, and just like bitcoin, it’s creeping towards the bottom, which in this case would be sub-$1,000.

Binance’s BNB has seen a drop of 2.92%, and the coin is now $218.43. The price of XRP has seen a relatively small slide of 1.76%, but both Cardano’s ADA and SOLANA SOL are doing worse—with the price decreasing by 5.24% and 5.27%, respectively. Luckily, there haven’t been any hugely dramatic price decreases, as the 7% price drops experienced by Quart QNT and TerraClassic USD were the biggest ones seen over the last 24 hours.

coins are also in the red. Flow is down by 4.82%, Decentraland’s MANA by 5.37%, and Sandbox’s SAND by 4.53%. While the price of ApeCoin’s APE has seen a decrease, it’s a relatively minor one, by just 0.35%. The price of Tezos XTZ has slid by 7.24%, while both Theta Network and Axie Infinity AXS have both dropped by approximately 5.50%.

Unfortunately, there have been some bigger price decreases among the NFT-related cryptocurrencies, with the prices of VIDT Datalink VIDT plummeting by 15.39% and Monavale MONA by 12.53%. 4

The Metaverse Index is continually in the red, as the price dropped to just $32.83, down by 6.63% since yesterday.

Seven-day MVI chart.

The post MPost Markets: Downward trends continue; Bitcoin plunges below $20,000 appeared first on Metaverse Post.

Cryptos are still plummeting, while bitcoin is edging towards the $19k mark. Bitcoin has definitely seen better days. The price has dropped by another 3.41%, and the coin is now […]

The post MPost Markets: Downward trends continue; Bitcoin plunges below $20,000 appeared first on Metaverse Post.

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July 13, 2022

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