Even though the crypto domain started on a bearish note this year, significant institutions and investors have continued to adopt digital currencies to reap the profits that the market will yield in the coming months. There are still hopes that major cryptocurrencies like Bitcoin and Ethereum would surge again and continue to dominate the market. Currently, global inflation is causing investors to dump riskier assets like cryptos and stocks, which is adversely affecting crypto businesses. But as the crypto market increasingly follows the footsteps of the stock market, the more mainstream economic downturns are affecting the decentralized market. Here, Analytics Insight has enlisted the top cryptocurrency prices for July 18, 2022.
Bitcoin: US$21,294.15 (up by 0.08%)
Ethereum: US$1,409.12 (up by 0.22%)
Tether: US$0.9998 (up by 0.00%)
USD Coin: US$1.00 (up by 0.02%)
BNB: US$254.07 (up by 0.03%)
Binance USD: US$1.00 (up by 0.04%)
XRP: US$0.3573 (up by 0.33%)
Cardano: US$0.46 (up by 0.32%)
Solana: US$40.90 (up by 0.93%)
Dogecoin: US$0.06514 (up by 0.63%)
According to coinmarketcap, the global crypto market cap is standing at US$979.14B, indicating an increase of 0.99% over the last day.