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.