The global cryptocurrency market continues to remain under pressure due to low trading activity and volatility over the past 24 hours.
Bitcoin, the world’s most popular cryptocurrency, was trading at $57,591 or 0.43 per cent lower than its value 24 hours ago at 12:30 pm. Bitcoin’s market capitalisation rose to $1.09 trillion and the trading volume over the past 24 hours increased stood at $1.04 billion.
Ether, the native cryptocurrency on the Ethereum platform, was trading at $4,421 or 3.14 per cent higher than its value 24 hours ago. The cryptocurrency’s market capitalisation rose to $519 billion and the 24-hour trading volume increased to $910 million.
Crypto highlights | Check yesterday’s prices
While the two most popular cryptocurrencies saw a jump in valuation, other altcoins remain mixed.
Commenting on the cryptocurrency market momentum, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto investment platform, said, “After a brief period of recovery over the past 24 hours, most of the top cryptocurrencies remained range-bound.”
Such consolidations are always a good sign as they give the market a room to go higher.”
Here are the latest prices and trends of popular cryptocurrencies:
Cryptocurrency | Price (US Dollar) | 24-hour change | Market cap | Volume (24 Hours) |
Bitcoin | 57,621.77 | 0.28% | $1.09 trillion | $1.04 billion |
Ether | 4,411.99 | 2.77% | $518.29 billion | $918.59 million |
Dogecoin | 0.217037 | 0.05% | $28.68 billion | $1.13 billion |
Litecoin | 216.66 | -0.07% | $14.96 billion | $100.23 million |
XRP | 1.02 | -0.67% | $102.44 billion | $3.29 billion |
Cardano | 1.64 | -0.72% | $53.89 billion | $209.58 million |
DISCLAIMER: The cryptocurrency prices have been updated as of 12:50 pm and will change as the day progresses. The list is intended to give a rough idea regarding popular cryptocurrency trends and will be updated daily.
Leave a Reply