Home Cryptocurrency News Cryptocurrency prices today: Bitcoin, Ether slide as volatility dents overall market – India Today

Cryptocurrency prices today: Bitcoin, Ether slide as volatility dents overall market – India Today

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Cryptocurrencies have weakened over the previous 24 hours attributable to volatility within the digital coin market, triggered by weak investor confidence and lack of demand after the current correction.

Bitcoin, the world’s largest cryptocurrency, was buying and selling at $55,914.94 or 2.64 per cent decrease than its value 24 hours in the past at 2:00 pm. The market capitalisation of the cryptocurrency decreased to $1.06 trillion and the buying and selling quantity over the previous 24 hours was $1.52 billion.

Ether was buying and selling at round $4,100 or 2.56 per cent decrease than its value 24 hours in the past. The cryptocurrency’s market capitalisation fell to $481.63 billion and the 24-hour buying and selling quantity was $1.10 billion.

From the journal | The crypto mania

All different fashionable cryptocurrencies, together with Solana, XRP, Cardano, Polkadot, Stellar, Dogecoim, Chainlink, Shiba Inu, Uniswap and Litecoin additionally fell because of the weak crypto market momentum.

Nevertheless, a chance of one other bumper rally appears tough this month, until there may be any main improvement surrounding the digital coin market.

Commenting on the cryptocurrency market momentum, Edul Patel, CEO and Co-founder of Mudrex, a worldwide algorithm-based crypto funding platform, stated, “Over the previous 24 hours, the cryptocurrency market remained in a consolidated part.”

“The biggest crypto by market cap, bitcoin, broke under the help stage at $57,000. The altcoins are doing comparatively higher with Ethereum with the ability to maintain the $4100 mark,” he added.

“The approaching 24 hours would doubtless stay risky with bears making an attempt to tug the market decrease than the present ranges.”

Watch | Cryptocurrency: Indian Government to create new bill for the digital currency

Listed below are the newest costs and developments of fashionable cryptocurrencies:

Cryptocurrency

Worth (US Greenback)

24-hour change

Market cap

Quantity (24 Hours)

Bitcoin

55,896.15

-2.89%

$1.06 trillion

$1.52 billion

Ether

4,098.75

-2.54%

$481.47 billion

$1.10 billion

Dogecoin

0.217669

-2.55%

$28.75 billion

$1.05 billion

Litecoin

206.30

-4.22%

$14.27 billion

$89.35 million

XRP

1.03

-1.26%

$103.43 billion

$2.99 billion

Cardano

1.77

-2.00%

$58.14 billion

$135.68 million

DISCLAIMER: The cryptocurrency costs have been up to date as of 02:15 pm and can change because the day progresses. The listing is meant to provide a tough thought relating to fashionable cryptocurrency developments and will likely be up to date each day.

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