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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:

CryptocurrencyPrice (US Dollar)24-hour changeMarket capVolume (24 Hours)
Bitcoin57,621.770.28%$1.09 trillion$1.04 billion
Ether4,411.992.77%$518.29 billion$918.59 million
Dogecoin0.2170370.05%$28.68 billion$1.13 billion
Litecoin216.66-0.07%$14.96 billion$100.23 million
XRP1.02-0.67%$102.44 billion$3.29 billion
Cardano1.64-0.72%$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.

Author

India today

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