Home Cryptocurrency News Cryptocurrency prices today: Bitcoin, Ether rise but overall market remains under pressure

Cryptocurrency prices today: Bitcoin, Ether rise but overall market remains under pressure

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Cryptocurrency prices have been rangebound over the past 24 hours as momentum in the overall virtual coin market remains weak. Check the latest cryptocurrency prices and trends.

Cryptocurrency prices have not seen any major change over the past 24 hours. (Photo: Reuters)

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.

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