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1 Cryptocurrency Prices Today – Bitcoin Fails to Impress as Red Dominates Price Charts on Holi
Cryptocurrency Prices Today – Bitcoin Fails to Impress as Red Dominates Price Charts on Holi
As India celebrates Holi on Wednesday, red appears to be the most prominent color on cryptocurrency price charts. Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, has remained in the $22,000 range. Other popular altcoins, including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP) and Solana (SOL), have seen a mixture of red and green. The Bone ShibaSwap (BONE) token made the biggest gains, gaining more than 11% in 24 hours.
At the time of writing, the global cryptocurrency market cap is $1.2 trillion, down 1.14% in 24 hours.
Cryptocurrency Prices Today – Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin lost 1.32% in 24 hours to $22,181.51. According to Indian exchange WazirX, Bitcoin is valued at Rs 1.925 lakh.
Ethereum (ETH) price today
The price of ETH is $1,562.83 at the time of writing, down 0.80% in 24 hours. According to WazirX, Ethereum price in India is Rs 1.37 lakh.
Cryptocurrency Prices Today – Dogecoin (DOGE) price today
According to CoinMarketCap, DOGE is down 2.30% on a 24 hour basis and is currently trading at $0.0738. According to WazirX, Dogecoin is priced at Rs 6.50 in India.
Litecoin (LTC) Price Today
Litecoin is down 2.27% in 24 hours. At the this time of writing, it was trading at dollar $85.82. The price of LTC in India is Rs 7,500.69.
Ripple (XRP) Price Today
The price of XRP increased by 2.76% on a 24 hour basis to $0.3795. According to WazirX, Ripple is priced at Rs 32.71.
Solana (SOL) Price Today
Solana’s price fell 3.69% to $20.02 in 24 hours. According to WazirX, SOL price in India is Rs 1,844.11.
Today (March 8) Best Cryptocurrency Winners
According to CoinMarketCap data, the top 5 cryptocurrencies in the last 24 hours are:
Bone Shiva Swap (Bone)
24 hour increase: 11.55%
24 hour increase: 6.60%
24-hour increase: 6.10%
Unchanged x (imx)
24-hour increase: 3.57%
24-hour increase: 2.96%
Cryptocurrency Prices Today – Today’s Top Crypto Losers (March 8)
According to CoinMarketCap data, the top 5 cryptocurrency losers in the past 24 hours were:
24-hour loss: 10.70%
24-hour loss: 8.98%
Singularity Network (AGIX)
24-hour loss: 7.71%
24-hour loss: 7.24%
24-hour loss: 7.16%
Cryptocurrency Prices Today – Cryptocurrency exchanges’ take on the current market situation
Mudrex co-founder and CEO Edul Patel told ABP Live, “Most cryptocurrencies have fallen over the past 24 hours due to comments from Federal Reserve Chairman Jerome Powell about raising interest rates. Bitcoin is currently trading at 22,230 Between USD and $22,247. If there is a downside break below this range, the next support level is at $19,000 Ethereum is experiencing a similar trend to Bitcoin, with the current price at $1,555, the next support level for ETH is at $1,450 Traders and investors may need time to process Powell’s aggressive comments and the uncertainty surrounding Silvergate Bank.
Principal Founder Anurag Dixit said, “Bitcoin surged back above $22,000 after Fed Chair Powell’s comments fueled investor anxiety and a sell-off in traditional markets. However, Bitcoin has shown resilience.” While macro uncertainty tends to weigh it down at times, cryptocurrencies have also shown significant decoupling on some intermediate time frames.”
Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There is no regulatory remedy for losses arising from such transactions. Cryptocurrency is not a fiat currency and is subject to market risk. Readers should seek expert advice and carefully read the proposed documents and related literature on the subject before investing. Cryptocurrency market predictions are speculative and all investments are made at your own expense and risk.
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