Cardano, Solana and Avalanche prices plummet as crypto market cracks further

Feb 22, 2022 By: BI India Bureau Credit: Canva

The tensions between Ukraine and Russia look unlikely to abate

And, it’s boosting the demand and price of gold Credit: Canva

Meanwhile, the crypto market is bathing in red

With Bitcoin dipping even further Credit: Canva

Cardano, Solana, and Avalanche are the heaviest hit

Taking a hit of more than 10 percent since yesterday Credit: Canva

As things stand, Bitcoin is priced at ₹27.3 lakh

The cryptocurrency is down by 5.7 percent in the last 24 hours Credit: Canva

Ethereum is trading at ₹1.9 lakh

Its price has taken a hit of 7.1 percent since yesterday Credit: Canva

Binance Coin’s rate is at ₹26,312

It has fallen by 9.75 percent over the course of the day Credit: Canva

Meanwhile, Cardano’s value stands at ₹61.85

It’s down by massive double-digit hit 14.23 percent since yesterday Credit: Canva

And, its peer, Solana is priced at ₹6,097

It has also taken double-digit hit of 13.05 percent in the last 24 hours Credit: Canva

Terra’s LUNA token is trading at ₹3,659

The cryptocurrency is down by 2.89 percent over the course of the day Credit: Canva

Dogecoin is priced at ₹9.4

It’s down by 9.4 percent since yesterday Credit: Canva

Polkadot’s value stands at ₹1,189

Like Solana, it’s taken a big hit of 8 percent in the last 24 hours Credit: Canva

Avalanche is trading at ₹5,068

It’s down by 16 percent since yesterday Credit: Canva

Disclaimer

These are top cryptocurrencies by volume according to Coinbase | Crypto prices in rupees updated as of February 3, 9:00 am IST and may change over the course of the day. Credit: Canva

Solana gains even as the rest of the crypto market continues to struggle