Cryptocurrency Prices Today: BTC, ETH Nosedive Over 7% As Recession Fear Looms Crypto Market – Outlook India

The global cryptocurrency market fell sharply after the prices of two major cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), nosedived by 8.29 per cent and 7.15 per cent, respectively.

The market fell 7.80 per cent to $1.03 trillion, but the trading volume jumped 22.87 per cent to $81.57 billion in the last 24 hours to Friday evening, according to Coinmarketcap.com.

Gnosis was Friday’s top gainer, increasing by 5.23 per cent to $184.54 in the last 24 hours. The top loser was Filecoin, trading at $6.67, down 18.50 per cent decrease in the same period.

Major Cryptocurrencies:

Bitcoin (BTC): BTC fell 8.29 per cent to $21,534. Its market cap decreased by 8.29 per cent to $411.8 billion, and its trading volume increased by 18.5 per cent to $32.9 billion.

BTC’s market dominance plummeted by 0.27 per cent to 39.76 per cent.

Ethereum (ETH): ETH fell 7.15 per cent to $1,719, and its market cap decreased by 7.14 per cent to $209.8 billion. The trading volume was up 19.38 per cent to…

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