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Most altcoins continued to decline. With a turnover of $43 billion over the previous 24 hours, the total market value of all cryptocurrencies was $1.12 trillion.
The biggest and most well-known virtual money in the world, Bitcoin, decreased 3.2 percent to $26,971.7. It was valued at $522.5 billion in the market. The value of the transaction was $18.4 billion.
"After Binance encountered regulatory issues in the US for offering Crypto derivatives trading services to US users and the Coinbase SEC problem over Crypto's designation as security, the Bitcoin price rally temporarily came to an end. BTC's valuation was also harmed by Michael Saylor's $150 million investment in the company. However, that is only a fleeting response and won't have any lasting impacts.
Ethererum, also known as Ether, the second-largest virtual money, dropped 3.1 percent to $1,711.5 and had a market value of $209.7 billion. In the previous day, $8.7 billion worth of Ethereum was traded.
A virtual currency founded on memes, decreased by 2% on Tuesday. It was valued at $9.6 billion on the market. The value of the transaction was $446.5 billion.
Solana decreased 4.8 percent to $19.7 and now has a market value of $7.6 billion. In the past 24 hours, Solana saw trades worth $363.8 million.
Shiba Inu market capitalization decreased by 2.7 percent to $6.1 billion. In the previous 24 hours, there were $275 million in transactions.
Polygon market capitalization increased by $9.4 billion, or 6.3 percent, to $1. In the previous 24 hours, there were $411.8 million in trades.