3 years, 3 months ago

Cryptocurrency prices today: Bitcoin, Ether near multi-month lows after crash

Cryptocurrency prices fell sharply on Wednesday due to a number of factors, including factors such as rising global uncertainty and more aggressive policy action by the US Federal Reserve. Bitcoin’s market capitalisation plummeted to $815 billion and the 24-hour trade volume jumped to $1.93 billion due to profit booking by panicky investors. Commenting on the weak momentum, Edul Patel, CEO and Co-founder of Mudrex, a Global Algorithm-based Crypto Investment Platform, “The past 24 hours clearly remained a bearish day after Bitcoin lost its support level at $46,000.” “The largest altcoin, Ether, fell below $3500. “ The coming 24 hours would likely remain bearish, as the market sentiment shows fear among the participants.” Here are the latest prices and trends of popular cryptocurrencies: Cryptocurrency Price 24-hour change Market cap Volume Bitcoin 43,105.74 -6.93% $815.60 billion $1.93 billion Ether 3,463.67 -8.97% $407.57 billion $1.47 billion Dogecoin 0.156437 -7.77% $20.74 billion $1.35 billion Litecoin 135.89 -8.10% $9.42 billion $74.65 million XRP 0.759948 -8.45% $75.99 billion $3.10 billion Cardano 1.22 -8.67% $40.03 billion $175.93 million DISCLAIMER: The cryptocurrency prices have been updated as of 11:30 am and will change as the day progresses.

India Today

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