Cryptocurrency prices have changed marginally over the past 24 hours due to low trading volume. Check the latest cryptocurrency and trends.
There has been a dip in the trade volumes of most popular cryptocurrencies after a major wave of profit booking last week. (Photo: Reuters)
Cryptocurrency prices failed to gain momentum over the past 24 hours due to the low volume of trade. Only a few smaller virtual coins managed to gain slightly, but the overall crypto market remains rangebound.
Bitcoin, the world’s most popular cryptocurrency, was trading at $48,984.87 or 0.65 per cent lower than its price 24 hours ago at 1:50 pm. The market capitalisation of Bitcoin stood at $926 billion. The trading volume over the past 24 hours was 878.14 million.
Ether, the native token on the Ethereum platform, was trading just above $4,000 or 0.97 per cent lower than its price 24 hours ago. The market capitalisation of Ether stood at $471 billion and the 24-hour trade volume was $851.38 million.
There has been a dip in the trade volumes of most popular cryptocurrencies after a major wave of profit booking last week. All other smaller cryptocurrencies are also trading in negative territory, leaving only a few which gained.
Commenting on the weak momentum over the past 24 hours, Edul Patel, CEO and Co-founder, Mudrex – A Global Algorithm Based Crypto Investment Platform, said Bitcoin’s dominance rose over 41 per cent despite low trade volumes. However, most other top cryptocurrencies remain range-bound.
“Over the past 24 hours, the traded volumes were low, and yet Bitcoin dominance rose over 41%. Most of the other top cryptos remained range-bound,” he said.
“The crypto market does not have a clear directional momentum at the moment,” he added.
Here are the latest prices and trends of popular cryptocurrencies:
|
Cryptocurrency |
Price (US Dollar) |
24-hour change |
Market cap |
Volume (24 Hours) |
|
Bitcoin |
48,219.81 |
-2.90% |
$910.79 billion |
$1.24 billion |
|
Ether |
4,086.17 |
-6.71% |
$480.20 billion |
$1.35 billion |
|
Dogecoin |
0.168074 |
-4.18% |
$22.21 billion |
$915.60 million |
|
Litecoin |
151.11 |
-6.17% |
$10.45 billion |
$86.37 million |
|
XRP |
0.833631 |
-1.95% |
$83.35 billion |
$4.64 billion |
|
Cardano |
1.29 |
-6.19% |
$$42.36 billion |
$$178.31 million |
DISCLAIMER: The cryptocurrency prices have been updated as of 12:30 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.
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