The crypto overview (April 18, 2022)

The crypto overview (April 18, 2022)

The crypto overview (April 18, 2022)

This overview reflects the current situation for major crypto assets, such as Bitcoin, Ethereum, Solana, Cardano, and Binance. This week was characterized as a silent week. The global cryptocurrency market cap decreased to $1.85 trillion, 1.29% down from the previous week. According to CoinMarketCap data, the total crypto market volume over the last 24 hours increased by 21.75% to $60.62 billion. The total volume on DeFi was $7.l7 billion, which is 11.82% of the total crypto market 24-hour volume. Stable coins’ volume was $49.53 billion, which is 81.71% of the total crypto market 24-hour volume.

The dominance of Bitcoin as the main crypto asset increased to 40.91%. According to the CoinMarketCap website, the Bitcoin price decreased by 5.37% in the last 7 days. In the last 24 hours, Bitcoin price decreased by 1.11%.

Other main crypto assets followed Bitcoin for the price trend.

1. ETH price has decreased by 5.60% in the last 7 days. Ethereum’s price decreased to $2997 in the last 24 hours. ETH is positioned as the second largest crypto asset in terms of market capitalization.

2. BNB’s price has decreased by 1.31% in the last 7 days. Binance token’s price decreased by 1.75% to $408.54 in the last 24 hours.

3. XRP’s price has increased by 2.53% in the last 7 days. XRP coin’s price decreased by 2.22% to $0.7581 in the last 24 hours.

4. SOL’s price has decreased by 7.88% in the last 7 days. Solana’s price was down 0.33% to $101.23 in the last 24 hours.

5. ADA’s price has decreased by 8.63% in the last 7 days. Cardano token’s price decreased by 2.09% to $0.9236 In the last 24 hours.

6. AVAX’s price has decreased by 4.01% in the last 7 days. Avalanche token’s price decreased by 1.74% to $75.98 in the last 24 hours.

The main meme coin Dogecoin (DOGE) followed the decline trend as well. The DOGE price decreased by 2.07% in the last 24 hours.