Bitcoin’s price on Friday was disappointing and fell below $ 45,000. However, the cryptocurrency market seemed to be on the rise and even major cryptocurrencies like Bitcoin, Ethereum, Cardano, etc. Notably, Bitcoin was priced at $ 44,369.38 on Friday. The cryptocurrency was trading green at 1.48% in the past 24 hours. However, unlike this positive trend, the performance of this coin over the span of the past seven days was anything but. Bitcoin has fallen 7.10% in the past seven days, according to data from CoinMarketCap. It should also be noted that Bitcoin maintained a market dominance of 42.14%, indicating an increase of around 0.19% during the day.
As for the performance of the overall crypto market, the global crypto market cap stood at $ 1.99 trillion at the time of this article. This indicates that the market cap jumped 1.62 percent over the past day. Additionally, the total crypto market volume over the past 24 hours was $ 100.90 billion, which indicated a drop of 11.28%.
When it comes to the performance of the best altcoins, as mentioned above, they have traded green in the last 24 hours. The top four altcoins, with the exception of Bitcoin number one, are Ethereum, Cardano, Tether, and Binance Coin in that order. Ether held a price of $ 3,095.64 on Friday, indicating that the green cryptocurrency was trading at 0.40% in the last day. Similar to the majority of cryptocurrencies, it was also trading in the red over the past seven days at 13.01%. Likewise, Cardano was priced at $ 2.29 and jumped 2.05% in a 24-hour period, while also posting a 5.04% drop during the week. The Tether cryptocurrency was holding a price of $ 1.00 at the time of this article and was trading green at 0.01%. It was also the only coin among the top 10 currencies to have traded green in the past seven days at 0.01%.
Speaking on the issue of ether and altcoins, Siddharth Menon, COO of WazirX, said: âEther has formed a classic cut pattern, it now forms the handle between the price bracket. of 2700 and 4000 levels for 2 weeks. Once it comes out of the handle upwards, we could see the buying momentum pick up and the funds move towards Altcoins. “
He went on to add, âThe total mcap crypto is trading around $ 2 trillion with all eyes on the dollar index. The weakness of the dollar index would strengthen the crypto markets. After the recent 15-20% sell-off in the cryptocurrency market, which affected both the Bitcoin and altcoin markets, most assets have returned above key values ââlike $ 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 $ 44,369.38 or (+1.48 percent) change in 24 hours
Ethereum $ 3,095.64 or (+ 0.40%) change in 24 hours
Cardano $ 2.29 or (+ 2.05 percent) change in 24 hours
Tether $ 1.00 or (+ 0.01%) change in 24 hours
Binance Coin $ 375.75 or (-0.37%) change in 24 hours
XRP $ 0.9876 or (-1.11%) change in 24 hours
Solana $ 145.70 or (-1.44%) change in 24 hours
Polkadot $ 32.11 or (+ 2.04 percent) change in 24 hours
Coin in USD $ 1.00 or (+ 0.01%) change in the last 24 hours
Dogecoin $ 0.2231 or (-0.42%) change in 24 hours
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