On Wednesday, cryptocurrency markets battled to remain in the green, trading sideways with minor drops as investors awaited macroeconomic data. Bitcoin fell somewhat but remained over $17,000, while Ethereum remained above $1,250.
Investors continued to examine economic signs that suggested the Federal Reserve of the United States still had work to do on the inflation front. Except for the Solana, all main cryptocurrency tokens were trading somewhat lower. Litecoin and Dogecoin fell 3%, while Shiba Inu and Cardano fell roughly 1% each.
Cryptocurrency Market Status
The worldwide cryptocurrency market value was trading steadily at roughly $855 billion, with no significant movement in the previous 24 hours. Total trade volume decreased by more than 9% to $35.71 billion. There has been no significant movement in crypto values in the last 24 hours, either up or down. The majority of the coins have not seen a significant spike or decline.
HAY has increased by 6.48% in the previous 24 hours as of the time of writing. Terra Classic has dropped by 2.75%. Shiba Inu has also dropped by 0.40%. FTX Token has increased by 1.90%. Axie Infinity is up 2.05% today. Bitcoin and Ethereum are now at 0.00%, with no gain or loss. Polygon is decreasing by 0.44%.
Dogecoin cryptocurrency prices have fallen by 0.81%.
The worldwide cryptocurrency market cap is now 853.37 billion USD, up 0.11% from the previous day. The crypto market volume has decreased by 5.99% to 35.41 billion USD. HAY has increased by 6.48%, bringing each coin to 0.9353 USD. In the previous 24 hours, the trade volume has climbed by 411.57%.
Source: Coinmarketcap
