Cryptocurrencies Prices Updates: This Friday morning, cryptocurrency values are back in the black. The market capitalization of all cryptocurrencies has increased by 4.81 percent and is now USD 941.84 billion, exceeding the USD 900 billion threshold. At USD 76.01 billion, the overall volume of the cryptocurrency market over the past 24 hours is a 14.92 percent decline from Thursday’s levels. The percentage of Bitcoin’s market share is currently 39.31 percent, down 0.02 percent from the previous day.
BNB, Ethereum, and Bitcoin: Over the past day, there has been growth in Bitcoin, Ethereum, and BNB. At USD 19,353, bitcoin is up 4.56 percent in price. Cryptocurrency Ether, which runs on the Ethereum network, increased by 6.04 percent and is now worth USD 1,331. The native to Binance Smart Chain BNB cryptocurrency experienced a 3.29 percent rise.
The peg of the stablecoins USDT, DAI, and USDC remained at USD 1.
Over the past 24 hours, the price of the USDT Tether stablecoin has decreased by 0.02 percent, trading at USD 1. The USDC stablecoin decreased as well, falling by 0.03 percent, although it is still being traded at USD 1. DAI, a stablecoin, is now trading at USD 1 after gaining 0.12 percent. BinanceUSD, often known as BUSD, experienced a 0.01 percent decline in value over the previous day. Additionally, the stablecoin trades for USD 1 in Layer 1 blockchain tokens.
Native cryptocurrencies on Layer 1 blockchain networks, such as Ripple, Solana, Avalanche, and Cardano, have also demonstrated growth during the past day.
SOL on the Solana blockchain experienced a 4.94 percent rise. While Avalanche’s AVAX is up 6.50 percent, Ripple gained a staggering 20.62 percent. Cardano’s ADA saw a 4.3 percent upward trend.
Polygon with Polka Dot Positive movement has been seen in the native cryptocurrencies DOT of Polkadot and MATIC of Polygon. Over the past 24 hours, the MATIC crypto token from Polygon has increased by 6.20 percent and the DOT token has increased by 5.85 percent.
Memecoins: Meme coins have also increased in value during the past day. Over the past 24 hours, Dogecoin has increased by 4.85 percent while Shiba Inu, a meme cryptocurrency, has increased by 4.19 percent.
Overall, during the past 24 hours, the bulk of the leading cryptocurrencies have shown an upswing from their prior positions.