Bitcoin's value has jumped over $47,000 after improvement in buying sentiment. (Photo: Reuters)<\/p>\n
Cryptocurrency prices improved over the past 24 hours as buying momentum surged in the wake of improving investor sentiment. The values of most cryptocurrencies have rebounded after a period of volatility.<\/p>\n
Bitcoin, the worlds largest cryptocurrency, crossed $47,000 or 2.95 per cent higher than its value 24 hours ago, at 12:50 pm. Bitcoins market capitalisation jumped to $885 billion and the 24-hour trading volume remained stable at $1.03 billion.<\/p>\n
The largest altcoin Ether also rose 2.41 per cent compared to its value 24 hours ago. It was trading at nearly $3,400 and its market capitalisation increased to $397.41 billion. The 24-hour trading volume was, however, lower at $793 million.<\/p>\n
Cryptocurrency highlights | Check yesterday's prices<\/p>\n
A majority of altcoins saw further improvement in their valuation over the past 24 hours and only some like Cardano and Polkadot struggled to gain momentum.<\/p>\n
Commenting on the broad-based recovery, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto trading platform, said, We are witnessing a solid buying momentum across the cryptocurrency markets.<\/p>\n
\"After consolidating for some time, the markets are now inching closer towards their highs for the day. Bitcoin went past the $47,000 mark before facing a pull-back, he added.<\/p>\n
The largest altcoin, Ethereum, went past the $3400 level. The star performers of the day were Uniswap and Chainlink. Both of these tokens were under a lot of bearish dominance for quite some time.<\/p>\n
Cryptocurrency<\/p>\n
Price (US Dollar)<\/p>\n
24-hour change<\/p>\n
Market cap (Billion)<\/p>\n
Volume (24 Hours)<\/p>\n
Bitcoin<\/p>\n
47,145.80<\/p>\n
3.19%<\/p>\n
$887.10<\/p>\n
$1.03 billion<\/p>\n
Ether<\/p>\n
3,396.93<\/p>\n
2.61%<\/p>\n
$398.23<\/p>\n
$793.31 million<\/p>\n
Dogecoin<\/p>\n
0.240800<\/p>\n
1.57%<\/p>\n
$31.58<\/p>\n
$844.12 million<\/p>\n
Litecoin<\/p>\n
181.69<\/p>\n
1.43%<\/p>\n
$12.45<\/p>\n
$98.92 million<\/p>\n
XRP<\/p>\n
1.09<\/p>\n
0.92%<\/p>\n
$108.97<\/p>\n
$3.39 billion<\/p>\n
Cardano<\/p>\n
2.39<\/p>\n
-0.88%<\/p>\n
$77.18<\/p>\n
$292.40 million<\/p>\n
DISCLAIMER: The cryptocurrency prices have been updated as of 01:10 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.<\/p>\n
Click here for IndiaToday.ins complete coverage of the coronavirus pandemic.<\/p>\n
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\nCryptocurrency prices today: Bitcoin rises over $47,000 as buying momentum stregthens - India Today<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"