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Market Falls, Dragged Down By Loses In BTC, ETH & Other Cryptocurrencies

The global cryptocurrency market fell 1.9 percent to $781.09 billion in the last 24 hours to Tuesday evening, dragged down by selling across the crypto spectrum.

However, the overall trading volume of the market increased by 1.6 percent to $64.9 billion in the same period, according to Coinmarketcap.com, at 16:30 IST.

Huobi Token (HT) was the biggest gainer today, up 6.9 percent to $4.7. The biggest loser was NEM, down 10.5 percent to $0.0308 in the past 24 hours. FTT, the native token of the FTX crypto exchange, was the most trending crypto.

Cryptocurrency Prices

Bitcoin: BTC fell 2.2 percent to $15,751 in the last 24 hours. Its market capitalization stood at 302.6 billion. The intraday low was $15,751, while trading volume increased 7.4 percent to $32.5 billion.

Ethereum: Ethereum fell 3.03 percent to $1,087. ETH’s market cap stood at 133.03 billion, while trading volume rose 7.4 percent to $13.4 billion.

Other Altcoins:

Solana (SOL) price fell 4.5 percent to $11.2 on November 22, 2022.

XRP rose 2.6 percent to $0.3609, and its 24-hour trading volume fell 19.6 percent to $1.5 billion.

Cardano (ADA) fell 1.5 percent to $0.3012. Cardano’s 24-hour trading volume fell 0.23 percent to $343.1 million.

Meme coins

Dogecoin (DOGE) fell 2.4 percent to $0.0741. Its 24-hour trading volume fell 7.9 percent to $587.7 million.

Shiba Inu fell 4.2 percent to $0.000008278.

Decentralized Finance (DeFi)

Yearn.Finance (YFI) gained 0.04 percent to $5,883. Its 24-hour trading volume fell 10.2 percent to $39.1 million.

Avalanche (AVAX) fell 3.01 percent to $11.5, and its 24-hour trading volume rose 13.1 percent to $184.8 million.

Aave (AAVE) fell 5.2 percent to $53.5, and its 24-hour trading volume fell 2.7 percent to $77.5 million.

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