On Friday, most cryptocurrencies extended their losses. The global crypto market cap was $1.03 trillion, with $55.1 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, dropped 1.7 percent to $22,760.1. Its market capitalization was $438.2 billion. The total value of trade was $26.3 billion. In the last seven days, the token has increased by more than 7%.

Ethererum
The second largest virtual currency, fell 2.9 percent to $1,567.1, with a market capitalisation of $191.9 billion. In the last 24 hours, Ethereum’s trade volume was $8.6 billion. In the last seven days, the token has gained 0.9 percent.

Dogecoin
Dogecoin, a meme-based virtual currency, fell 2.5 percent on Friday. Its market capitalization was $11.2 billion. The total trade volume was $447.9 million.

Solana
Solana fell 4.3 percent to $23.7, with a $8.8 billion market capitalisation. Solana’s trade volume in the last 24 hours was $809.3 million.

Shiba Inu
Shiba Inu fell 2.3 percent to $6.3 billion in market capitalisation. In the last 24 hours, the trade volume was $229.5 million.

Polygon
Polygon increased by 8.1 percent to $1.1 and now has a market capitalisation of $9.4 billion. In the last 24 hours, the trade volume was $1.1 billion.

On Wednesday, the majority of cryptocurrencies gained. The global crypto market cap was $857.8 billion, with nearly $35 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, gained 1.5 percent to $17,457.2. Its market capitalization was $336.3 billion. The total value of trade was $15.9 billion.

“This bitcoin surge could be attributed to the accumulation of whales over the last two days. If bitcoin continues to rise, it could reach the $17,500 resistance level by the end of the week “Mudrex CEO and Co-Founder Edul Patel stated.

Ethereum
Ethererum the second largest virtual currency, rose nearly 1% to $1,337.4 with a market capitalisation of $163.7 billion. In the last 24 hours, Ethereum’s trade volume was $5.8 billion.

Patel stated about Ethereum, “Following the successful implementation of the Merge, Ethereum is preparing to launch its Shanghai public testnet in February. This should improve the Ethereum network’s ability to handle high-volume transactions while also lowering costs.”

Dogecoin
A meme-based virtual currency, rose 0.9 percent on Wednesday. Its market capitalization was $10.3 billion. The total trade volume was $483.5 million.

Shiba Inu
Shiba Inu market capitalisation increased by 4% to $5 billion. In the last 24 hours, the trade volume was $420.2 million.

Solana
Solana dropped nearly 1% to $16, with a market cap of $6 billion. Solana’s trade volume in the last 24 hours was $819 million.

Polygon
Polygon’s market capitalisation increased by 1.1 percent to $7.5 billion. In the last 24 hours, the trade volume was $245.7 million.