The market slowdown could be attributed to a variety of factors, including uncertainties in the US, recent layoffs at Binance, and a slowing in China’s gross domestic product growth,” said one analyst. The global crypto market valuation was $1.2 trillion, with approximately $35.1 billion in volume in the previous 24 hours.

Bitcoin

The world’s largest and most popular virtual currency, dropped 0.4 percent to $30,136.9. Its market capitalization was $586.1 billion. The total value of trade was $13.2 billion.

Ethereum

Ethererum, or Ether, the second largest virtual currency, declined 0.8 percent to $1,909, with a market value of $229.8 billion. In the last 24 hours, Ethereum’s trade volume was $6.5 billion.

Dogecoin

Dogecoin, a meme-based virtual currency, dipped 0.1 percent on Tuesday. Its market capitalization was $9.8 billion. The total trade volume was $461.3 million.

Solana

Solana fell 5.5 percent to $26.6, with a market cap of $10.8 billion. Solana’s transaction volume in the last 24 hours was $920.5 million.

Shiba Inu

Shiba Inu market capitalisation declined 0.1 percent to $4.6 billion. In the last 24 hours, the transaction volume was $112.5 million.

Polygon

Polygon declined 0.4 percent to $0.8 and has a market cap of $7.2 billion. In the last 24 hours, the transaction volume was $359.8 million.