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Cryptocurrency Price Today, August 2: Bitcoin value immediately on the time of writing this text was $22,834.62, down by 1.98 per cent over the past 24 hours
Bitcoin, Ether and different main altcoins dropped on Tuesday
Cryptocurrency Price Today: The international cryptocurrency market on August 2, Tuesday, took an even bigger hit because it struggled to increase positive factors made throughout July. Trading volumes on the day remained muted with a 5.51 per cent enhance over the previous 24 hours as traders put a reign on actions over an obvious financial slowdown throughout the globe. The crypto market cap fell by 3.06 per cent over the previous day to scale $1.05 trillion on the time of writing this text as main cryptocurrencies — together with Bitcoin, Ethereum, Polygon, Shiba Inu, Dogecoin and Polkadot — shed as much as 12 per cent throughout the identical timeframe.
Bitcoin has declined again to the $22,000 ranges after nearing the $25,000 mark in the direction of the top of final month and closed in purple for 3 consecutive days until Monday. Bitcoin value immediately on the time of writing this text was $22,834.62, down by 1.98 per cent over the past 24 hours, information from CoinMarketCap confirmed.
“After edging above the $24K degree, Bitcoin has declined marginally and closed in purple for 3 successive days. Meanwhile, information signifies that long-term traders have collected roughly $64 billion price of Bitcoin within the final 12 months. The 4-hourly pattern for BTC continues to traverse inside an ascending channel sample. The subsequent key resistance degree for BTC is predicted at $32,300. The day by day RSI has maintained a robust place above the extent of fifty,” mentioned a spokesperson on the WazirX commerce desk on Tuesday.
Ethereum has additionally dropped to the $1500 degree after scaling previous the $1700 degree throughout July-end in a back-to-back rally. On Tuesday, Ethereum misplaced almost 7 per cent since open. Ether value immediately was standing at $1,581.80, down by 6.29 per cent over the past 24 hours.
“Ethereum dropped over 3 per cent yesterday and ultimately slid beneath the $1,600 degree. The buying and selling volumes have been tepid over the previous few days with sellers dominating the markets. The weekly pattern for Ethereum has fashioned a descending channel sample with a latest bounce again from its assist ranges. The subsequent key resistance for Ethereum is predicted at $2,400 degree. The day by day RSI continues to stay above the 50 degree,” mentioned the WazirX commerce desk spokesperson on the day.
Here are the highest 10 cryptocurrencies and their costs on August 2, 2022, Tuesday, (According to information from coinmarketcap.com)
Bitcoin $22,834.62 or 1.98 per cent loss within the final 24 hours
Ethereum $1,581.80 or 6.29 per cent loss within the final 24 hours
Tether $1.00 or 0.00 per cent achieve within the final 24 hours
USD Coin $1.00 or 0.01 per cent achieve in the final 24 hours
BNB $278.28 or 3.20 per cent loss within the final 24 hours
Binance USD $0.9999 or 0.08 per cent loss within the final 24 hours
XRP $0.3704 or 2.33 per cent loss within the final 24 hours
Cardano $0.4924 or 5.04 per cent loss within the final 24 hours
Solana $40.19 or 6.94 per cent loss within the final 24 hours
Dogecoin $0.06624 or 4.39 per cent loss within the final 24 hours
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