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Crypto Price Today: Ethereum plunges over 7%, Bitcoin drops below $21,000, and other coins are down

Crypto Price Today: Ethereum plunges over 7%, Bitcoin drops below $21,000, and other coins are down

The price of cryptocurrencies fell on Friday, adding to prior session losses. The market capitalization of all cryptocurrencies was $935.2 billion, with a turnover of $63.7 billion over the previous day. "Investors and traders may have sold off their assets out of dread of rising interest rates. Additionally, the upcoming publication of U.S. jobs statistics today may have further fueled bearish market sentiment." Bitcoin The biggest and most well-known virtual money in the world, Bitcoin, fell 7.7% while trading below the $21,000 level. The token's price at the most recent tally was $20,090.8. At the time, it had a $387.6 billion market worth. The value of the transaction was $34.2 billion. "The price of Bitcoin dropped to $20,000 for the first time since mid-January. BTC's price has dropped by 7% over the past day. The news of the closure of the cryptocurrency bank Silvergate served as the catalyst for this decline." Ethereum Ethererum, also known as Ether, the second-largest virtual money, dropped 7.4% to $1,427.4 and a market cap of $174.7 billion. In the previous day, Ethereum trades were worth $10.3 billion. "Ethereum has similarly declined by 7% and is currently selling at $1,400 in line with BTC." Dogecoin The virtual currency Dogecoin, which is founded on memes, decreased by 8.5% to $0.1. It had a market valuation of nearly $8.7 billion. There were $7.5 billion worth of transactions. Solana Solana share price dropped 7% to $17.3 and now has a $6.6 billion market value. In the past 24 hours, Solana saw trades worth $804.7 million. Shiba Inu Shiba Inu market capitalization decreased by roughly $5.5 billion, or 8.3 percent. In the previous 24 hours, there were $417.9 million in trades. Polygon Polygon, with a $8.7 billion market capitalization, dropped 5.1 percent to $0.1. $558 million worth of transactions were made over the past 24 hours.

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