Crypto Crash News Update July 2: Cryptocurrency Prices Drop; Dogecoin, avalanche gain

Crypto Crash News today (July 2): The global cryptocurrency market capitalization fell to $865 billion, down 0.6% during the day, while Bitcoin traded near 19 000 dollars in the last 24 hours. Prices for most major cryptos have also fallen further, according to data from CoinMarketCap at the time of writing (1:02 p.m. EST).

The volume of the global crypto market in the past 24 hours decreased by 20% to $59.86 billion. Total DeFi volume was $5.32 billion, which is 8.89% of the total 24-hour crypto market volume. The volume of all stablecoins was 54.4 billion, or 90.88% of the total 24-hour crypto market volume.

Bitcoin (BTC) dominance is now down 0.15% since yesterday at 42.41%. The price of BTC has decreased by around 1% in the last 24 hours. At the time of writing, BTC was trading at $19,215. Over the past 7 days, the price of BTC has fallen by 9.79%.

Changing the Crypto Rupe Index

CoinSwitch’s Crypto Rupee Index (CRE8) is down 1.44% in the past 24 hours to Rs 2267 at the time of writing. CRE8 tracks the performance of the crypto market in INR.

Best Crypto Prices July 2

Ethereum (ETH): Ethereum price fell 0.73% to $1047 in the past 24 hours. In the past 7 days, the price of ETH has decreased by 14.1%. It is currently ranked the 2nd largest crypto asset by market capitalization.

Binance (BNB): The Binance Chain coin price decreased by 1.54% to $216 in the last 24 hours. Over the past 7 days, the price of BNB has decreased by 9.76%. It is currently ranked 5th among crypto assets by market capitalization.

XRP: The price of the XRP coin has decreased by 1.22% to $0.313 in the last 24 hours. In the last 7 days, the price of XRP has decreased by 15.25%. It is currently ranked 7th among cryptocurrencies by market capitalization.

Solana (SOL): Solana price decreased slightly by 0.33% to $32.52 in the last 24 hours. Over the past 7 days, the price of SOL has decreased by 21.59%. It is currently ranked 9th among crypto assets by market capitalization.

Cardano (ADA): The price of the Cardano token declined by 1.19% to $0.4457 in the past 24 hours. Over the past 7 days, the price of ADA has decreased by 11.17%. It is currently ranked 8th among crypto assets by market capitalization.

The price of Dogecoin (DOGE) has risen around 2.3% in the past 24 hours. DOGE is currently ranked 10th in terms of market capitalization. The price of DOGE at the time of this report was $0.06665.

The price of Polkadot (DOT) rose 0.47% to $6.7. The avalanche price (AVAX) has also risen around 2.4% to $16.25 in the past 24 hours. DOT and AVAX are currently ranked 12th and 17th respectively on CoinMarketCap.

The price of Polygon (Matic) has decreased by around 2.37% to $0.4587 in the last 24 hours. In the past 7 days, the price of MATIC has fallen by around 24%. It is currently ranked 18th on CoinMarketCap.

Shiba Inu (SHIB) fell nearly 0.69% in the past 24 hours to $0.00001001. It is currently ranked 14th on CoinMarketCap.

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)