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08/24/2021

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Today’s cryptocurrency prices are as follows: After the profit booking round, Bitcoin is below $50,000

Over the last 24 hours, there have been some small consolidations in the cryptocurrency market, resulting in a drop in the value of major cryptocurrencies. Almost the last 24 hours, […] The post Today’s cryptocurrency prices are as follows:...

Today’s cryptocurrency prices are as follows: After the profit booking round, Bitcoin is below $50,000

Over the last 24 hours, there have been some small consolidations in the cryptocurrency market, resulting in a drop in the value of major cryptocurrencies.

Almost the last 24 hours, Bitcoin, the world’s most popular cryptocurrency, has lost over 1% of its value. At 11:50 a.m., it was trading at $49,660, with a market capitalization of $933 billion.

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It’s worth noting that Bitcoin recently crossed $50,000 for the first time in three months.

The value of Ether, on the other hand, climbed by 0.14 percent, and the cryptocurrency was trading at $3,334.73. The value of the stock has risen to $390.66 billion.

With the exception of Cardano and XRP, most other cryptocurrencies have seen a drop in value during the last 24 hours.

Despite modest consolidations along the road, experts remain bullish about the Bitcoin market’s future direction.

“The crypto markets are witnessing a little consolidation,” Edul Patel, CEO and Co-founder of Mudrex, a worldwide algorithm-based crypto trading platform, said of the cryptocurrency market. Bitcoin dropped after breaking beyond the $50,000 barrier for the first time since May.”

“Despite Bitcoin’s recent consolidation, the Altcoins appear to be in good shape. After Bitcoin and Ether, Cardano has the third-highest traded volumes over the previous 24 hours, after Eth and Bitcoin,” he said.

CryptocurrencyPrice (US Dollar)24-hour changeMarket cap (Billion)Volume (24 Hours)
Bitcoin49,730.14-0.68%$934.94$37.76 billion
Ether3,342.510.38%$391.57$22.69 billion
Dogecoin0.316008-0.88%$41.35$2.18 billion
Litecoin187.10-0.67%$12.79$1.91 billion
XRP1.240.75%$124.27$6.56 billion
Cardano2.903.10%$93.58$7.26 billion
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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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