RESUME
Most cryptocurrencies fell on Thursday. The global crypto market capitalization stood at nearly $810 billion, with volume of $25.8 billion in the last 24 hours. โMost cryptocurrencies saw a slight drop in value following the release of the US consumer confidence report, which hit an eight-month high,โ said Edul Patel, CEO and co-founder of Mudrex.
Bitcoin | The world's largest and most popular virtual currency, Bitcoin, fell 0.1 percent to $16,826.5. Its market value stood at 323.8 billion dollars. Trade volume was $14.6 billion.
โBTC has been trading within a tight range and trying to gain bullish momentum. It recently rallied from the $16,815 level and is currently eyeing the $17,000 level, which could lead to a return to the $18,000 range,โ he said. Edul Patel, CEO and Co-founder of Mudrex.
Ethereal | The second largest virtual currency, Ethererum or Ether, was up 0.3 percent at $1,213.9 with a market capitalization of $148.6 billion. Ethereum trading volume was $4.1 billion in the last 24 hours.
On Ethereum, Patel said: โIt recently rebounded from the $1,150 support, indicating stronger demand to buy at lower levels.โ
dogecoin | The meme-based virtual currency Dogecoin was up 0.1 percent at $0.1. Its market value stood at 9.800 million dollars. Trade volume was $338.3 billion.
Solarium | Solana fell 0.5 percent to $12.1 on a market capitalization of $4.4 billion. Solana's trade volume was $162 million in the last 24 hours.
Shiba Inu | Shiba Inu is down nearly one percent with a market capitalization of $4.5 billion. Trade volume was $82 million in the last 24 hours.
Polygon | Polygon fell 0.6 percent to $0.8 on a market capitalization of $6.9 billion. Trading volume was $180.1 million in the last 24 hours.