Crypto Market Cap Sinks to $2.32T as Prices Soften

The global crypto market cap sank by 0.15% to settle at $2.32 trillion in the latest soft pricing of digital assets. The market has been heated up with sell pressures, which excluded activities on the bellwethers.

Some small coins had taken a beat while the total crypto market volume over the last 24 hours declined by 3.20% to reach $80.5 billion, according to details from CoinMarketCap.com.

Bitcoin (BTC-USD) is still struggling to climb to $68,000 after its soft pricing yesterday. But most of the top 10 cryptocurrency are trading positive at the time of filing this report. 

The total volume in DeFi is currently $4.65 billion, translating to 5.78% of the total crypto market 24-hour volume exchanged in the market.

Also, the volume of all stable coins is now $74.64 billion, which is 92.71% of the total crypto market 24-hour volume. Most major digital assets were softer late Monday with bitcoin (BTC-USD) falling below $68,000.

The CoinDesk Market Index, which tracks 126 digital assets, fell 1.2% in the past 24 hours.  Bitcoin, the most popular cryptocurrency, fell 1.2% to $67,689 with 24-hour trading volume more than doubling to $39.5 billion, according to CoinMarketCap data.

Ethereum (ETH-USD), the second-largest digital asset, dropped 0.8% to $2,678. BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, eased 0.1%, while Solana (SOL-USD), the fourth-largest, advanced 4.2%.

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