Cryptocurrencies have started off the week on a bright note as virtual coin prices rose over the past 24 hours, signalling a rise in momentum. Prices of all popular virtual coins fell on Friday after top Chinese regulators banned cryptocurrency trade and mining.<\/p>\n
Bitcoin, the worlds largest cryptocurrency, rose above $44,000 or over 5 per cent higher than its value 24 hours ago at 11:40 am. The cryptocurrency's 24-hour trading volume rose marginally to $911 million and market capitalisation increased to $831.45 billion.<\/p>\n
Ether performed even better as it rose over 11 per cent from its price 24 hours ago. It was trading at $3,142.86 and the market capitalisation rose to $368 billion. The trading volume over the past 24 hours stood at $922 million.<\/p>\n
A broad-based recovery has been seen on Monday after a short spike in volatility following the Evergrande crisis in China.<\/p>\n
Most other altcoins including XRP, Cardano, Polkadot, Stellar, Dogecoin, Chainlink, Uniswap and Litecoin also remained positive.<\/p>\n
Commenting on the positive momentum, Hitesh Malviya, cryptocurrency and investment expert, Bitcoin is showing some strength on lower time frames, and we could expect the price to retest $47,000-$48,000 area. A clean breakout above these levels will make the whole market bullish again, but the rejection around these levels will open the path to $36,000.<\/p>\n
Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto investment platform, said, The new week began with a bang for the cryptocurrency market.<\/p>\n
Over the past 24 hours, the total traded volumes saw a sharp increase of over 20 per cent, and the total market capitalisation went past $1.95 trillion. Although Bitcoin rose above the $44,000 mark, the star performer of the day was the largest altcoin, Ethereum, he added,<\/p>\n
This week might be a game-changer for the altcoins.<\/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
43,867.84<\/p>\n
4.43%<\/p>\n
$823.64<\/p>\n
$925.84 million<\/p>\n
Ether<\/p>\n
3,093.87<\/p>\n
9.65%<\/p>\n
$362.96<\/p>\n
$935.35 million<\/p>\n
Dogecoin<\/p>\n
0.206472<\/p>\n
-0.53%<\/p>\n
$29.06<\/p>\n
$1.06 billion<\/p>\n
Litecoin<\/p>\n
161.07<\/p>\n
1.27%<\/p>\n
$27.12<\/p>\n
$1.05 billion<\/p>\n
XRP<\/p>\n
0.967020<\/p>\n
5.22%<\/p>\n
$96.74<\/p>\n
$3.87 billion<\/p>\n
Cardano<\/p>\n
2.24<\/p>\n
0.69%<\/p>\n
$72.51<\/p>\n
$267.38 million<\/p>\n
DISCLAIMER: The cryptocurrency prices have been updated as of 12:30 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
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Here is the original post: Cryptocurrencies have started off the week on a bright note as virtual coin prices rose over the past 24 hours, signalling a rise in momentum. Prices of all popular virtual coins fell on Friday after top Chinese regulators banned cryptocurrency trade and mining Continue reading
\nCryptocurrency prices today: Bitcoin rises above $44,000, Ether jumps sharply - India Today<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"