Cryptocurrency Today: Bitcoin and other cryptocurrencies decline; global inflation & Ukraine aid
April 1, 2022: Cryptocurrency prices continue to decline following the Russia-Ukraine War, fear of inflation, and the European Union’s cryptocurrency legislation.
The crypto market suffered a decline since the last day. Experts recorded a 4.88% decrease in the global crypto market chart with a total cap of $2.05 trillion. According to the 24h volume chart, the total crypto market experienced a 16.84% increase, approximately 131.94 billion dollars.
Today’s total DeFi volume is $19.97 billion, 15.14% of the total crypto market 24h volume. This means all crypto stable coins volume is $109.15 billion, 82.72% of the total crypto market’s 24h volume.
Bitcoin recorded $44,744 with a decrease of 4.09%; still remaining the largest cryptocurrency in the world.
The second-largest cryptocurrency, Ethereum, declined to $3,253, about 4.23%.
Other cryptocurrencies like Polkadot decreased by -6.06%, Terra down by -5.65%, Cardano fell by -5.16%, and XRP by -4.37%. Dogecoin tumble down to -5.89% experiencing the highest………