Cryptocurrency Update: Bitcoin, Ethereum Dip After Turbulent Day

Bitcoin (Source: Coin Desk)
Bitcoin (Source: Coin Desk)

It was a turbulent day of all sorts for Bitcoin and Ethereum on Sunday. As a result, in the last 24 hours Bitcoin dropped by over 3.55 percentage while Ethereum saw a fall by 1.38%.

Ethereum recorded a better recovery than Bitcoin. For at least five minutes on Sunday, Bitcoin hit the $100,000 mark on Binance, at the same time, Ethereum rose 62% to hit the $427k mark. The recovery saw Ethereum reach back to $381 but Bitcoin dropped a bit more than usual to register itself at $11,148.

All the top 10 cryptocurrencies have seen a drop – XRP saw 1.97% change while Tether changed by 0.06% and Bitcoin Cash dropped by 5.74%.

Among the other top 10 coins – Bitcoin SV, Litecoin were hit by mega changes as the former registered 5.82% change while the latter dropped by 5.05%.

Cardano changed by nearly three per cent, whereas Coin saw a dip by -2.94%. Binance Coin saw a drop of 0.24%.

Today might be a stable day and the prices of cryptocurrencies might not vary much after a turbulent day.