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Cryptocurrency markets opened in red this Thursday morning. The global cryptocurrency market cap has taken a hit and is down by 0.08 per cent over the last 24 hours. Cryptocurrency data aggregator CoinMarketCap showed that the global cryptocurrency market cap stands at $978.68 billion, lower than Sunday\u2019s levels. The total crypto market volume over the last 24 hours stands $769.38 billion, marking a 4.82 per cent decrease from the previous trading session.\u00a0<\/p>\n
Bitcoin, Ethereum and BNB<\/strong><\/p>\n Cryptocurrency heavyweights, Bitcoin rose slightly while Ethereum and BNB have slipped over the past 24 hours.<\/p>\n Bitcoin is trading at $20,155, up 0.83 per cent. Ethereum network\u2019s Ether token witnessed a downtrend of 1.49 per cent. The cryptocurrency is trading at $1,560. Binance Smart Chain\u2019s cryptocurrency BNB slipped 2.02 per cent.<\/p>\n Stablecoins<\/strong><\/p>\n USDT Tether stablecoin showed 0.01 per cent positive change in its value over the last 24 hours to maintain its peg at $1. USDC stablecoin slipped 0.01 per cent to ensure it remained pegged at $1.<\/p>\n BinanceUSD tumbled 0.03 per cent. The stablecoin is trading at $0.0997 whereas stablecoin DAI slipped 0.05 per cent yet maintained its peg at $1.<\/p>\n Layer 1 blockchain tokens\u00a0\u00a0<\/strong><\/p>\n Cryptocurrency tokens native to Layer 1 blockchain networks like Cardano, Solana, Ripple, and others witnessed downtrend over the last 24 hours.<\/p>\n Cardano’s ADA token slipped 2.46 per cent. Solana slipped by 1.54. Avalanche’s AVAX is down 2.61 per cent. Ripple\u2019s XRP dropped 1.22 per cent.<\/p>\n Polkadot and Polygon<\/strong><\/p>\n Polkadot blockchain\u2019s DOT fell 1.58 per cent and Polygon\u2019s MATIC gained by 3.08 per cent.<\/p>\n Memecoins<\/strong><\/p>\n Memecoins like Dogecoin and Shiba Inu also took a hit over the past 24 hours. Dogecoin slid 1.38 per cent. Shiba Inu crashed 2.18 per cent.<\/p>\n Overall, majority top cryptocurrency tokens witnessed from their positions over the last 24 hours.<\/p>\n Also Read:\u00a0Cryptocurrency price today: Bitcoin, Ethereum, Shiba Inu in green, Dogecoin down; majority tokens gain – BusinessToday<\/a><\/strong><\/em><\/p>\n