BitcoinWorld

Bitcoin News

Today’s cryptocurrency prices: Bitcoin and Ether prices are marginally down following a big rise.

Bitcoin price forecast trend graph. BTC uptrend or downtrend movement price prediction graph analysis. Cryptocurrency trading online.

Due to a sell-off across the virtual currency market, the prices of certain prominent cryptocurrencies decreased slightly.

Market State

Bitcoin, the world’s most popular cryptocurrency, fell slightly to $45,213.58, down 2.78 percent from its 1:35 p.m. price. Due to the sell-off, Bitcoin’s market capitalization plummeted to $850 billion.

Ether’s price decreased 3% to $3,131.90, and its market capitalization fell slightly to $367 billion as well.

After the broad-based sell-off, the value of numerous other cryptocurrencies has fallen as well, while Cardano, XRP, and Dogecoin remain optimistic.

After a few days of strong rallies that pushed the value of the two major virtual currencies, Bitcoin and Ether are now showing signs of weakening.

Expert Comments

“We are starting to see some sell-off across the cryptocurrency spectrum,” Edul Patel, CEO and Co-founder of Mudrex, a worldwide algorithm-based crypto trading platform, said of the cryptocurrency sell-off.

“It’s only normal for the bulls to take a break after days of strong rallies. There hasn’t been a significant selloff yet. Short-term traders, on the other hand, should enter high-conviction trades now, since the markets may see a pullback soon,” he added.

“After a multi-week breakthrough, Cardano and Polygon’s native coin, MATIC, are still fairly bullish.”

CryptocurrencyPrice (US Dollar)24-hour changeMarket cap (Billion)Volume (24 Hours)
Bitcoin45,316.89-1.67%$850$35 billion
Ether3,143.22-2.00%$367$26 billion
Dogecoin0.27363.36%$35.9$5.9 billion
Litecoin170.31-0.28%$11.3$2.5 billion
XRP1.0113.04$101$9.4 billion
Cardano1.7719.14%$56$4 billion

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.