XRP, SOL, BCH Drop by 6% Daily, BTC Struggles at $29K (Market Watch)

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The total crypto market cap is down by $40 billion in a day.

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:BTC has managed to add a few hundred dollars since then, but its market capitalization is back down to $565 billion, and its dominance over the altcoins sits tight at 48.5%.The alternative coins have also seen better days as the past few brought nothing but pain for the bulls.

Binance Coin, Tron, Polygon, Litecoin, Polkadot, TONCOIN, and Shiba Inu have charted similar daily drops. Even more painful losses come from the likes of Ripple, Solana, Bitcoin Cash, Stellar, NEAR Protocol, Aptos, and others. All of them are down by more than 5% daily., perhaps driven by the DOGE payment speculations at Twitter.

The cumulative market cap of all crypto assets has shed more than $40 billion since yesterday’s peak and is down to $1.165 trillion on CMC.

 

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