The cryptocurrency market experienced a significant downturn between July 20 and 21, 2021. The capitalization of all digital assets lost about 4.11% during this time and fell to $1.05 trillion. Almost all top 100 cryptocurrencies lost value in 24 hours, except Monero.
The worst daily result was shown by Lido DAO, which has rapidly grown in price in recent weeks. Against a global market decline, the value of the LDO virtual asset decreased by 14.91% per day, falling to $1.48. The total supply of tokens was $462.02 million, and daily trading volumes were $114.62 million.
TerraClassicUSD took second place in the rating of unprofitable cryptocurrencies. The USTC token fell to $0.038, 12.03% lower than the same period a day ago. Market capitalization decreased to $374.5 million, while trading volumes were fixed at $21.18 million.
The third position in the ranking of the losers of the day went to Waves. The native token of the WAVES project immediately became cheaper by 10.49%, falling to a price value of $5.53. The total supply in the market was $602.27 million, and the trading volumes were $407.76 million.
Cryptocurrency Gala also fell in price by 10.2%. Its rate fell to $0.052, and capitalization to $367.7 million. Traders secured deals in the amount of $327.59 million.
Market analysts also stressed that the leading cryptocurrency, Bitcoin, has lost 3.91% over the past 24 hours. BTC was trading at $22,771.4 as of 14:20 Moscow on July 21, 2022. The total supply of coins amounted to $434.92 billion, and daily trading volumes were around $41.64 billion.