Most of the top 10 biggest cryptocurrencies by market cap are in the red for the day so far. Among these are Ripple (XRP), Solana (SOL), and Polygon (MATIC).
XRP / Tether US 1D (Source: CoinMarketCap)
According to the crypto market tracking website, CoinMarketCap, XRP is currently trading at $0.475 after a 3.39% drop in price over the last 24 hours and after reaching a low of $0.4553 over the same time period. In addition to this, the crypto is also down more than 6% over the last week.
Over the last day, XRP also weakened against the two biggest cryptocurrencies in the market, Bitcoin (BTC) and Ethereum (ETH), by about 1.49% and 1.29% respectively.
SOL / Tether US 1D (Source: CoinMarketCap)
Another crypto in the red for today is Solana (SOL). Data from CoinMarketCap indicates that SOL is currently trading at $29.99 after a more than 2% drop in price over the last day. The crypto is also in the red by more than 4% over the last seven days.
The altcoin is currently the 9th biggest crypto in terms of market capitalization with its market cap of $10,743,524,416. SOLs’ 24-hour trading volume, however, is up by more than 5% to now stand at $705,904,627.
MATIC Network / Tether US 1D (Source: CoinMarketCap)
MATIC is another cryptocurrency that has had a rough 24 hours as it is currently down 0.71%. Despite the crypto being down for the day, MATIC is still up by more than 7% over the last week.
The fact that the altcoin has strengthened against BTC and ETH by 1.21% and 1.33% respectively could be another sign of strength.
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Source: Cryptocurrency - investing.com
