Jump to navigation
Speak Now
Bitcoin’s price on Wednesday fell below $20,000-mark as top cryptocurrencies remain in the red. The world’s largest and most popular cryptocurrency, Bitcoin, was down 1.62 per cent to $19,989.70. The world’s second largest cryptocurrency, Ethereum, fell 3.03 per cent to $1,131.15, according to data on Coindesk.
“After rallying above US$20,000, Bitcoin fell back to the US$19,000 level on Tuesday, with bulls liquidating their positions. Bitcoin is down by nearly 71 per cent from its all-time high and 57 per cent down from the beginning of the year,” Edul Patel, co-founder and CEO, Mudrex, said.
“At the same time, Ethereum is also down by 70 per cent on its year-to-date loss. The volatility in the market continues as bears look stronger than the bulls,” Patel said.
XRP fell 2.01 per cent, Solana was down 1.87 per cent, Cardano fell 2.65 per cent, Stellar was down 2.71 per cent.
Other popular cryptocurrencies like Dogecoin was up 1.57 per cent, Polkadot gained 1.46 per cent, Avalanche rose 8.26 per cent, and Shiba Inu gained 2.19 per cent.
ALSO READ | Next time hotels, restaurants add service charge to your bill, just dial this number
By mid 2030s, Agniveers will be 50% of armed forces, says Lt Gen Rana Pratap Kalita
Rajkummar Rao at Conclave East 2022: Don’t want to be part of Rs 100 crore film
Udaipur butchers: Weaponized by radical ideology before picking up the cleaver
BMC polls next battle line: Can Uddhav Sena retain their stronghold?
Karnataka: Vastu expert Chandrashekhar Guruji stabbed to death in Hubballi hotel
Working with BJP does not mean we compromise our identity: Meghalaya CM Conrad Sangma
Watch: Taapsee Pannu Talks About Women In Sports, Film Budgets, Chak De India & More
Fact Check Video: Flooded neighbourhood in Haryana becomes Delhi on social media!
India Today Group Vice-Chairperson Kalli Purie launches new digital venture ‘India Today North-East’
Don’t think judges crossed any rekha: Mukul Rohatgi on Nupur Sharma case observations
‘Smoking Kaali’ poster creative or insulting?
Is There An Emerging Queer Economy In India?
Copyright © 2022 Living Media India Limited. For reprint rights: Syndications Today
Add IndiaToday to Home Screen
Related Posts
