According to CoinMarketcaps data, altcoins are showing optimism while top ones, including Bitcoin, struggling today. However, the overall volume of the crypto market during the last 24 hours was $101.57 billion, a 42.60% gain, while the global crypto market is now seeing a 0.53% decline over the previous day.
Moreover, the Fed raised interest rates by 75 basis points, as predicted, and the majority of it had already been priced in, which limited the losses in the cryptocurrency market.
Bitcoin (BTC), the largest cryptocurrency with a market cap of $386.45 billion, is currently trading at $20,127.56 per (BTC / USD). 24-hour trading volume is $55.36 billion. The coin’s value has lost more than 1.45% in the last 24 hours and 2.06% over the previous seven days. It has a circulating supply of $19.20 million.
Ethereum (ETH), the second largest cryptocurrency with a market cap of $187.53 billion, is currently trading at $1,531.96 per (ETH / USD). 24-hour trading volume is $23.34 billion. The coin’s value has lost more than 1.58% in the last 24 hours and gained 1.16% over the previous seven days.
By Coinmarketcap statistics, Dogecoin (DOGE) is trading at $0.1295 with a loss of 1.29% over the last 24 hours, Cardano (ADA) is selling at $0.3913 with a loss of 0.30% over the same period, and Solana (SOL) is down 0.24% over the same period and is currently trading at $31.26.
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The top altcoins that are seeing daily gains include Polygon (MATIC), which is now trading at $0.9497 and has had a 24-hour climb of 11.27% and a weekly rise of 2.32%, as well as BNB, which is presently at $329.75 and has seen a rise of 3.16%. Litecoin (LTC) and Chainlink (LINK), both with daily gains of more than 3%, are other daily gainers.
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