Cryptocurrency price

Cryptocurrency Price Update: Bitcoin And Ether Struggle As Bearish Momentum Continues

Cryptocurrency prices struggled on Monday after failing to gain momentum over the weekend. Popular cryptocurrencies have been sold for over a week due to a lack of positive developments.

Bitcoin, the world’s most popular cryptocurrency, remained below $ 32,000 and was down 0.68% as of 1:00 p.m. Bitcoin’s market cap currently stands at $ 594 billion.

His closest rival, Ether, also struggled for over a week. It is trading below $ 1,900, down 3% from its price 24 hours ago. Ether’s market cap edged up to $ 221.33 billion, but remains well below the peak reached earlier this year.

All of the other popular altcoins, including XRP, Cardano, Stellar, Dogecoin, Chainlink, Polkadot, and Litecoin, have seen big releases for over a week.

Commenting on the weakness of the crypto market, Edul Patel, CEO and Co-Founder of Mudrex, a global algorithm-based cryptocurrency trading platform, said, “The bearish momentum across the cryptocurrency spectrum continues to grow. lower prices. It appears that the bears that became very active towards the end of the previous week have not yet lost their energy.

“Several altcoins are approaching their lows of the year. While this may seem like a bargain for some, it’s important to be careful not to catch a falling knife, ”he added.

“However, the largest crypto by market cap, Bitcoin, is relatively less impacted. BTC is above the $ 31,500 mark, with a measly 1.4% drop for the day.”

Here are the latest prices and trends for popular cryptocurrencies:

Cryptocurrency

Price (US dollar)

24 hour change

Market capitalization (Billions)

Volume (24 hours)

Bitcoin

31 677.71

-0.57%

$ 594.28

$ 17.02 billion

Ether

1,898.66

-3.11%

$ 221.67

$ 14.72 billion

Dogecoin

0.179251

-4.88%

$ 23.37

$ 1.22 billion

Litecoin

119.51

-1.59%

$ 8.14

$ 1.31 billion

XRP

0.584087

-0.48%

$ 58.40

$ 1.24 billion

Cardano

1.18

-1.03%

$ 38.06

$ 832.11 million

DISCLAIMER: Cryptocurrency prices were updated at 1:25 p.m. and will change throughout the day. The list is intended to give a rough idea of ​​popular cryptocurrency trends and to be updated daily.


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