Major cryptos were in the red over the past 24 hours. Goldman Sachs will now offer Ether over the counter options. This is just one month after the company started with Bitcoin. 300 NFTs from Ukraine will be sold to help in the war effort.
Yesterday’s slump in US stocks was caused by a warning from the Federal Reserve Governor that they could tighten their monetary policy aggressively to manage inflation.
Avalanche and Solana fell more than 6 percent, Cardano dropped more than 5 percent, and Ethereum fell more than 4.5%. Bitcoin was trading at $45,300 as of the time this article was written, down more that 3% in the last 24 hours.
Dogecoin gained 7% on news that Elon Musk has become a member of Twitter’s Board of Directors and increased his stock in the social media giant.
It was mainly a bear market for the top 100 coins, with the majority losing 4-6% of its value. Tezos lost 8% and Internet Computer and Waves each lost 9%. Axie was down 10% and THORChain dropped 12%.
Celo is down 13%, reversing yesterday’s gains. The same applies to Audius and SKALE. Moonbeam were also rallying yesterday. They have lost 8% 12% and 13% in the last 24 hours.
Zilliqa was the top gainer with 3% and Anchor at 6%. The top 100 has a new entry. Neutrino USD trades at #90 for $0.93 and has a 24-hour trading volume $91.8 million.
It’s up 11% in the last 24 hours. Neutrino USD, an interesting stablecoin, is pegged to US dollars.
STEPN is the largest winner, with 23% gains. Binance revealed that STEPN had pledged $3,000 in GMT tokens to be rewarded for a Swap Farming giveaway. STEPN also reached $1 billion market cap within a month after their IEO on Binance.
Charactbit currently trades at $0.0044 and has seen a 900% increase in its value over the past 24 hours. The project’s goal is to promote cultural activities in the cryptocurrency ecosystem. Virtual characters are highlighted as an important part of the metaverse.
Charactbit (CHB token) hopes to encourage subculture members to be more involved in the crypto ecosystem.