Cryptocurrency prices today: Bitcoin, Ether fall amid volatility; altcoins slip

Cryptocurrency prices slipped over the past 24 hours due to increased volatility. Check the latest cryptocurrency prices and trends.

A majority of other cryptocurrencies fell due to the high volatility and bearish momentum that is dictating the virtual coin market momentum. (Photo: Reuters)

Crpyotucrrency prices continued to fall on Wednesday amid increased volatility over the past 24 hours.

Bitcoin, the world’s largest cryptocurrency, was trading at $65,250 or 1.80 per cent lower than its price 24 hours ago at 1:30 pm.

The popular cryptocurrency’s market capitalisation fell to $1.23 trillion and the 24-hour trading volume increased to $2.34 billion.

Ether also fell marginally by 0.5 per cent over the past 24 hours and was trading at $4,696. The market capitalisation of Ether declined to $552 billion and the 24-hour trading volume rose to $1.70 billion.

Crypto highlights | Check yesterday’s prices

A majority of other cryptocurrencies fell due to the high volatility and bearish momentum that is dictating the virtual coin market momentum.

Commenting on the market, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto investment platform, said, “It was a very volatile session for the cryptocurrency market over the past 24 hours. Bitcoin made a weak dash towards the $70,000 resistance level.”

“The bears were quick to take advantage of this weakness and we saw a sale of across the crypto spectrum. The market, however, stabilised towards the later part of the day,” he added.

“The coming 24 hours are likely to remain volatile as bears get more active.”

Here are the latest prices and trends of popular cryptocurrencies:

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap

Volume (24 Hours)

Bitcoin

65,113.62

-2.25%

$1.23 trillion

$2.34 billion

Ether

4,678.80

-0.79%

$549.54 billion

$1.70 billion

Dogecoin

0.259302

-4.18%

$34.21 billion

$2.97 billion

Litecoin

262.68

-2.16%

$18.11 billion

$538.17 million

XRP

1.24

-0.63%

$123.54 billion

$7.31 billion

Cardano

2.12

-4.96%

$69.67 billion

$567.80 million

DISCLAIMER: The cryptocurrency prices have been updated as of 01:45 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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