Bitcoin and other major altcoins were trading steady on Tuesday, after selloff a day earlier. The price action looked pretty tame and major crypto tokens remained rangebound. Barring the dollar-pegged stablecoins and Dogecoin, all other crypto tokens were trading higher on Tuesday.
Cryptocurrencies traded in the green early on April 19. The global crypto market cap is $1.89 trillion, a 2.21 percent increase over the last day. The total crypto market volume over the last 24 hours is $95.69 billion, a 58.86 percent increase.
The total volume in DeFi is currently $11.81 billion, 12.34 percent of the total crypto market 24-hour volume. The volume of all stable coins is now $80.79 billion, which is 84.43 percent of the total crypto market 24-hour volume.
Bitcoin on Tuesday, April 19, took a U-turn to touch the $41,000 mark for minutes, before going stable at $40,000 levels. Bitcoin’s recoil was largely a result of volatile markets.
Not only Bitcoin, the global cryptocurrency market surged by over 4 per cent, as all major crypto coins rallied on the day. On the other hand, Terra’s (LUNA) stable coin, TerraUSD or commonly known as UST, has pipped USD(BUSD) to become the third largest stable coin in terms of market cap.
Meanwhile, prices of all other top crypto assets have also decreased over the last day. Ethereum (ETH) was down 4.60% to $2905 while Binance coin (BNB) price decreased by 3.39% to $400.58.
Ripple (XRP) price decreased by 5.72% to $0.7375 while Solana price was down by 6.03% to $ 96.06.
Cardano (ADA) price has decreased by 6.84% to $0.885 and Terra (LUNA) price is down 5.06% to $77.33.
Dogecoin price has decreased by 6.33% to $0.135.
The price of Polkadot (DOT), which is ranked 14th on CoinMarketCap, has decreased by 7.10% to $17.29. Polygon (MATIC) prices have decreased to $1.31.
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