A report of a current event, knowledge, information
The market capitalization of all cryptocurrencies was $1.01 trillion, with a turnover of almost $44.3 billion over the previous day. Powell's hawkish remarks and the uncertainties surrounding Silvergate Bank "may take traders and investors some time to understand and analyse."
The biggest and most well-known virtual money in the world, Bitcoin, decreased 1.4 percent to $22,188.1. At the time, it had a $428.9 billion market worth. The value of the transaction was $22.9 billion.
"Bitcoin is currently being traded between $22,230 and $22,247. If BTC falls below its present level, the next support level would be $19,000."
Ethererum, also known as Ether, which is the second-largest virtual money, decreased 0.9 percent to $1,563.7 and has a market value of $191.5 billion. In the previous day, $6.9 billion worth of Ethereum was traded.
Ethereum is currently valued at $1,555, with its next level of support at $1,450, and is following a similar pattern to Bitcoin.
A virtual currency founded on memes, decreased by 2.4 percent on Wednesday. It was valued at $9.8 billion on the market. There were $283.4 million worth of transactions.
Solana dropped 3.4 percent to $20.1 with a market capitalisation of $7.7 billion. In the previous 24 hours, Solana saw trades worth $396.4 million.
Shiba Inu market capitalization fell by 2.6 percent to $6 billion. In the previous 24 hours, there were $236.7 million in transactions.
The market capitalization of Polygon, which was down 0.3 percent to $1.1, was $10 billion. $504.4 million worth of transactions were made over the past 24 hours.