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Will Crypto Prices Continue Last Week’s Positive Uptrend?

Cryptocurrency Jan 17, 2023 08:00AM ET
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Will Crypto Prices Continue Last Week’s Positive Uptrend?
 
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  • The crypto market cap is down slightly over the last 24 hours.
  • All of the top 10 crypto altcoins experienced 24-hour price drops.
  • A recent Santiment tweet warns that some short-term bearishness may enter the market.

The global crypto market cap has dropped 0.53% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the global crypto market cap is estimated to be $987.74 billion. The 24-hour drop in the crypto market cap can mainly be attributed to the drop in prices seen with the top 10 crypto altcoins over the last day.

At press time, the altcoin leader Ethereum (ETH) saw its price drop 0.38% over the last 24 hours. As a result, ETH is trading at $1,561.54, bringing its market cap down to $191,091,962,920.

Meanwhile, the prices of Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) have all printed 24-hour losses. BNB’s price is down 1.40% to trade at $298.82, XRP’s price is down 1.28% to trade at $0.3884, while ADA’s price is down 2.22% – bringing the Ethereum-killer’s price down to $0.3496 at press time.

Lastly, Dogecoin (DOGE) and Polygon (MATIC) posted 24-hour losses of 2.75% and 0.16% respectively.

Despite the negative 24-hour price performance of the top 10 crypto altcoin ...

The post Will Crypto Prices Continue Last Week’s Positive Uptrend? appeared first on Coin Edition.

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Will Crypto Prices Continue Last Week’s Positive Uptrend?
 

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