Dogecoin and Polygon both lose up to 2% as Bitcoin slips under $29,200

In Friday’s trading, cryptocurrency markets were trading at a lower level. Ethereum (ETH) dipped below the $1,900 mark while Bitcoin (BTC) slid 0.70% to $29,190. In the meantime, the market capitalization of all cryptocurrencies was declining, trading at roughly $1.18 trillion, down 0.64% over the previous 24 hours. Despite the U.S. Federal Reserve’s decision to increase interest rates by 25 basis points (bps), Bitcoin remained above $29,000. For more over a month, Bitcoin has been trading in a tight range between $29,000 and $31,500, with over 3.4 million addresses purchasing the plunge below $30,000. Dogecoin, Solana, Polygon, and Polkadot, some other popular crypto coins, were also selling at a lower price. 9.50% of the 24-hour volume of the whole crypto market’s volume, or $2.49 billion, is now being traded in DeFi. All stablecoin volume is currently $24.43 billion, or 93.26% of the 24-hour volume of the whole crypto market. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at almost $567 billion. According to CoinMarketCap, the dominance of Bitcoin is at 48.19%, down 0.02% from the previous day. The volume of Bitcoin was $10.92 billion, a decrease of 15.83% from the previous day. In the volatile world of cryptocurrencies, there has been a discernible shift in trends during the last 24 hours. As a result of the projected 25 basis point interest rate rises by the US and ECB, BTC’s resilience has been on full display.

Bitcoin $29,190

Ethereum $1,859

Tether $0.9999

BNB $240

XRP $0.7076

Cardano $0.3107

Dogecoin $0.07642

Solana $24.69

Polygon $0.7095

Litecoin $91.18

Polkadot $5.18

Tron $0.08412

Shiba Inu $0.000007808

(Note: Price change in last 24 hours)