Crypto Crash News Today (12 July): The global cryptocurrency market cap fell nearly 3% to dip below $900 billion after several days in the last 24 hours while Polygon (Matic) price jumped, outperforming other top cryptocurrencies. At the time of writing, the crypto market cap was $889 billion, according to CoinMarketCap data at the time of writing (8.16 am, India time).
The global crypto market volume over the last 24 hours decreased 3% to $53.46 billion while the total volume in DeFi was $4.71 billion, representing 8.8% of the total crypto market 24-hour volume. The volume of all stablecoins was $48 billion, 90% of the total crypto market’s 24-hour volume.
Bitcoin’s (BTC) dominance remained at 42.83% while its price once again dropped below the $20,000 level. BTC’s price dropped 3.12% in the last 24 hours. At the time of writing, BTC was trading at $19,937. In the last 7 days, BTC price has decreased by 1.28%
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