Crypto market capitalisation fell by about 4.3% per day – CoinMarketCap

The capitalisation of the global cryptocurrency market, according to Coinmarketcap, fell by 4.34% to $1.23 trillion as of 3:15 p.m. Kyiv time.

The tokens that lost the most in value were: Solana by almost 9% ($23), MATIC 6% ($1.11), Dogecoin 6% ($0.088), and Ethereum 7% ($1,977).

The rest of the tokens lost value as well:

BTC 3.8% fell to $29,252;

BNB 5.52% – to $326;

XRP 5.39% – to $0.49;

ADA Cardano decreased by 6.45% to $0.41.

According to CoinDesk, the drop was not caused by "any fundamental reason". Unusually large sell orders on the cryptocurrency exchange Binance and an unexpectedly high March inflation rate in the UK, which exceeded 10%, could have affected market sentiment, the report says.

Background. Earlier, Mind reported that the capitalisation of the crypto market had increased by almost 4.25% per day.