Cryptocurrency price

Bitcoin, Ether, XRP fall amid Russian-Ukrainian war. Complete list

Cryptocurrency update: Cryptocurrency prices remained under pressure on Monday, March 14, amid the war in Ukraine as Russian forces continued to invade the country. Bitcoin, the world’s largest cryptocurrency by market value, also fell on the day by a slight margin. According to data from global crypto-tracking platform CoinMarketCap, the price of Bitcoin stood at $38,503.02 today, down 1.67% in the last 24 hours. It should be noted in this regard that as the tension between Ukraine and Russia increases, analysts predict that the cryptocurrency could slide towards the $30,000 mark.

Ethereum or Ether, the second most popular cryptocurrency in the global market, also fell 0.73% in the past 24 hours to $2,568.89, according to data from CoinMarketCap. However, on a weekly basis, Ether rose by 1.70%.

Bitcoin slipped below the $40,000 level towards the last week of February as the conflict between Ukraine and Russia escalated. On the other hand, the price of gold jumped to its highest level since June of last year. Analysts mentioned that Bitcoin could fall further to fall below $30,000 as traders are now expected to favor gold.

The global cryptocurrency market also plunged again amid the Russian-Ukrainian crisis, with most major crypto coins losing value. The market capitalization of the cryptocurrency stood at $1.72 trillion, according to data from CoinMarketCap. This has decreased by 1.44% in the last 24 hours. Global crypto volume, however, has increased over the past day. The total volume of coins traded stood at $65.74 billion in the last day. That’s dropped 22.97% in the past 24 hours, according to data from the website.

The global crypto market capitalization and trading volume have plummeted over the past day. Bitcoin and Ethereum are currently trading at US$38,000 and US$2,500. BTC has continued to fluctuate between US$39,000 and US$42,000 over the past week,” said Edul Patel, CEO and co-founder of Mudrex.

“Based on market capitalization, major cryptocurrencies are also red. Cryptos, stocks, and commodities have also seen sharp price swings over the past month, showing investor uncertainty due to the war crisis and inflation. For these reasons, we could see a lot of high volatility in the crypto market this month,” he added.

Here are the top 10 cryptocurrencies and their prices as of February 19, 2022 (data from coinmarketcap.com at the time of this article’s publication)

Bitcoin $38,503.02 or 1.67% loss in the last 24 hours

Ethereum $2,568.89 or 0.73% loss in the last 24 hours

Tether $1.00 or 0.00% gain/loss in the last 24 hours

BNB $368.52 or 1.89% loss in the last 24 hours

USD Coin $1 or 0.00% gain/loss in the last 24 hours

XRP $0.7676 or 3.77% loss in the last 24 hours

Terra $90.16 or 3.20% gain in the last 24 hours

Cardano $0.8052 or 1.06% gain in the last 24 hours

Solana $80.28 or 2.69% loss in the last 24 hours

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