Top Cryptocurrency prices Updates:  Bitcoin, the biggest and most well-known cryptocurrency in the world, was trading more than 6 percent lower at USD 18.641 as cryptocurrency prices struggled to cling to gains. According to CoinGecko, the market capitalization of all cryptocurrencies fell below USD 1 trillion today after falling more than 4 percent over the previous day to USD 956 billion.

However, Ether, the second-largest cryptocurrency and coin connected to the Ethereum network, fell more than 7 percent to USD 1,275. Shiba Inu decreased more than 5 percent to USD 0.000011, while Dogecoin's price gained about 5 percent to USD 0.05.

"Over the previous 24 hours, the price of Bitcoin has fluctuated. BTC surged to USUSD 20,000 before being rejected, falling below the USUSD 19,000 mark as a result. While sellers continued to rule the market, buyers made an effort to protect the vital support. BTC's current support level is USUSD 18,600, while its current resistance level is USUSD 19,600. BTC might reach the USUSD 20,000 barrier if bulls can stage a recovery "said Edul Patel, the CEO and co-founder of the international cryptocurrency investment platform Mudrex.

Litecoin, Cardano, Chainlink, Tron, Tether, Terra, and Terra Luna values all fell today, along with those for Solana, Polygon, Avalanche, Binance USD, Polkadot, and other cryptocurrencies. Over the past 24 hours, classic prices have been trading lower, but XRP, Stellar, and ApeCoin have fallen.

The decline happened as US markets started to decline, with the S&P 500 on pace to post losses for a sixth straight day. The world's financial markets are experiencing volatility as central banks maintain their commitment to increase interest rates to combat inflation, which has turned out to be more persistent than many had anticipated. Since both have been influenced by statements and actions made by international central banks, cryptocurrencies and US stocks have been trading substantially in tandem throughout the year.

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