On 7 November, the global market cap dipped by 2.13 percent to $1.03 trillion. Bitcoin, the largest crypto worldwide, lost 1.59 percent over the last 24 hours and is currently trading at $20,903.20. Its nearest rival, Ethereum, slipped by 2.03 percent and is at $1,589.39 at the time of writing this article (1030 IST).
Popular altcoins like Solana tanked by 10.26 percent, and Uniswap was down by 6.72 percent. Other cryptos like XRP dipped by 3.50 percent, Cardano tumbled by 3.97 percent, and Avalanche sank by 5.0 percent over the last day. On the other hand, Polygon gained by 4.08 percent, Litecoin advanced by 3.90 percent and Chiliz was up by 0.82 percent at the time of writing.
Today’s top gainers included Polygon and Litecoin, which rose by 4.20 percent and 3.96 percent, respectively. On the other hand, Solana, Loopring, and Arweave were among the top losers.
Presently, Bitcoin’s dominance is at 38.8 percent, while that of Ethereum is at 18.8 percent.
Meme coins down
Renowned meme coins were in the red today. Elon Musk-backed Dogecoin was down by 5.79 percent to $0.1175 and Shiba Inu declined by 3.05 percent to $0.00001205, at the time of writing.
Metaverse tokens in the red
Top Metaverse tokens were trading with cuts today. ApeCoin dipped by 8.77 percent, The Sandbox dropped by 5.36 percent, Decentraland lost 4.40 percent and Axie Infinity lost 5.83 percent and are presently at $4.69, $0.8533, $0.6707, and $9.93, respectively.
