NS bitcoin price Friday was a heavy day and he found himself below the $45,000-mark. Although cryptocurrency The market boomed and even top cryptocurrencies such as Bitcoin, Ethereum, Cardano and so on are doing well as the data indicated that they were trading green over the last 24 hours. Significantly, on Friday, the price of bitcoin was $ 44,369.38. The cryptocurrency was trading in the green at 1.48 percent during the last 24 hours. However, contrary to this positive trend, the performance of this coin was nothing in the last seven days period. According to data from CoinMarketCap, bitcoin has lost 7.10 percent in the past seven days. It should also be noted that bitcoin maintained a market dominance of 42.14 percent, indicating an increase of around 0.19 percent over the day.
As for the performance of the overall crypto market, the global crypto market cap at the time of this article was $1.99 trillion. This indicates that the market capitalization increased by 1.62 per cent over the previous day. Additionally, the total crypto market volume stood at $100.90 billion in the last 24 hours, which indicates a decline of 11.28 percent.
In terms of the performance of the top altcoins, as mentioned above, they were trading in the green over the past 24 hours. The top four altcoins, in addition to the number-one-ranking Bitcoin, are Ethereum, Cardano, Tether and Binance Coin, in that order. Ether was priced at $3,095.64 on Friday, indicating cryptocurrency trading green was up 0.40 percent during the last day. Like most cryptocurrencies, this too was trading in the red at 13.01 percent over the past seven days. Similarly, Cardano was priced at $2.29 and rose 2.05 percent in a 24-hour period, while also showing a decline of 5.04 percent during the week. The cryptocurrency Tether was priced at $1.00 at the time of this article and was trading in the green at 0.01 percent. It was also the only coin among the top 10 currencies to trade in the green during the past seven days by 0.01 per cent.
Speaking on the case of ether and altcoins, Siddharth Menon, COO of WazirX said, “Ether has formed a classic cup pattern, it is now forming handles between the price range of 2700 and 4000 for 2 weeks. If the uptrend is broken out of the handle, we can pick up the buying momentum and the funds can move to the altcoin.”
He further added, “Total crypto mcap is trading around $2 trillion, all eyes are on the dollar index. Weakness in the dollar index will strengthen the crypto markets. After the recent 15-20% sell-off in the cryptocurrency market, Which has affected both the bitcoin and altcoin markets, with most assets pulling back above key values such as $3,000 on Ethereum.
Here are the top 10 cryptocurrencies and their prices as of September 24, 2021 (data from coinmarketcap.com when the article was published)
Bitcoin converts to $44,369.38 or (+1.48 percent) in 24 hours
Ethereum converts to $3,095.64 or (+0.40 percent) in 24 hours
Cardano $2.29 or (+2.05 percent) converts in 24 hours
Tether converts at $1.00 or (+0.01 percent) in 24 hours
Binance Coin converts to $375.75 or (-0.37 percent) in 24 hours
XRP moves to $0.9876 or (-1.11 percent) in 24 hours
Solana converts to $145.70 or (-1.44 percent) in 24 hours
Polkadot converts to $32.11 or (+2.04 percent) in 24 hours
USD coin changed by $1.00 or (+0.01 percent) in last 24 hours
Dogecoin converts to $0.2231 or (-0.42 percent) in 24 hours
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