Crypto Prices Today: The consumer price index (CPI) data was released yesterday by the U.S. Department of Labor Statistics which came to be more than expected at 6.2%. However, inflation dropped to 6.4% in the month of January, thus, indicating a cooldown. The market went negative for a while, however, is trading in green now.
As of writing, Bitcoin price increased by 1.86% in the last 24 hours. Ethereum increases by 3.31%. Crypto prices today for Cardano boosts by 8.28%. Polygon is up by 5.58%. Solana price hikes by 3.45%. Litecoin price
jumps by 6.50%.
The meme cryptos are seeing an increase in the last 24 hours. Dogecoin price soars by 6.20% whereas Shiba Inu price is escalating by 4.13%.
The global crypto market cap stands at 1.03 trillion USD, an increase of 2.41% over the past day. The total crypto market volume in the last 24 hours increased by 5.20% and is currently at 58.60 billion USD.
The top 4 crypto for today are:
1. Bitcoin (BTC) increases by 1.86%
The world’s largest crypto, Bitcoin decreases by 1.86% in the last 24 hours, thus, taking the market cap to 42.72 billion USD. Each BTC is trading for 22,145 USD. Trading volume in the last 24 hours is up by 18.24%. The dominance of Bitcoin has decreased by 0.29% as compared to the previous day and stands at 41.56%.
2. Ethereum (ETH) increases by 3.31%
The second largest crypto, Ethereum price jumps by 3.31% in the last 24 hours. The market cap for Ethereum is 18.97 billion USD. Trading volume increases by 5.68% in the last 24 hours. Each ETH token is trading for 1,550 USD.
Also read: Bitcoin (BTC) Reversal After U.S. CPI Data Set To Trigger $25K?
3. Cardano (ADA) increase by 8.28%
With a boost of 8.28% in the Cardano price during the last 24 hours, the market cap for the crypto is at 1.36 billion USD. Trading volume is seeing a jump of 50.99%. Each ADA token is trading for 0.3859 USD.
4. Polygon (MATIC) increases by 5.58%
Polygon price is escalating by 5.58% in the last 24 hours and each MATIC token is trading for 1.24 USD. the market cap for this crypto is currently at 1.08 billion USD. Trading volume is hiking by 14.76% over the last day.
Also read: Beware of FTM Price Rally, Fantom Whale Addresses Are Dumping
