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Bitcoin News

Today’s cryptocurrency prices: Bitcoin and Ether are falling as virtual currencies battle for support.

On Thursday, as popular virtual coins failed to find support, cryptocurrency values dropped amid increasing volatility.

At 2:00 p.m., Bitcoin, the world’s most popular cryptocurrency, was down roughly 1% from its previous value. The cryptocurrency was trading at $44,663.95 with an $839.24 billion market capitalization.

Ether was also down almost 0.9 percent, trading at little over $3,000 per coin. The market capitalization of bitcoin has dropped to $351.53 billion.

While some prominent altcoins like XRP, Cardano, Dogecoin, Stellar, and Polkadot were up, others such as Litecoin Chainlink, Polygon, and Uniswap were down.

According to experts, the bitcoin market is now experiencing a time of extreme volatility.

“The crypto markets are now finding it tough to find support,” Edul Patel, CEO and Co-founder of Mudrex, a worldwide algorithm-based crypto trading platform, said of the current market trend. The last 24 hours have been characterised by extreme volatility.”

“Bitcoin, the most valuable cryptocurrency by market capitalization, edged closer to $46,000 before sliding back to slightly around $44,000,” he said.

“With a comparable selloff throughout the spectrum, the entire market absorbed the shock of this volatility.”

CryptocurrencyPrice (US Dollar)24-hour changeMarket cap (Billion)Volume (24 Hours)
Bitcoin44,662.93-1.11%$839.22$33.57 billion
Ether2,999.50-1.36%$351.24$21.01 billion
Dogecoin0.300392.12%$39.28$4.54 billion
Litecoin166.93-1.32%$11.40$1.74 billion
XRP1.131.87%$112.70$7.14 billion
Cardano2.115.06%$68.17$4.24 billion

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.