Cryptocurrency prices fell on Wednesday due to profit booking by investors. (Photo: Reuters)<\/p>\n
Cryptocurrency prices fell slightly over the past 24 hours due to profit booking across the spectrum by investors.<\/p>\n
The value of Bitcoin, which is the worlds largest cryptocurrency, decreased slightly as investors rushed to book profit a day after the popular virtual coin hit a record high. Bitcoin was trading at $66,636 or 1.35 per cent lower than its price 24 hours ago at 5:30 pm.<\/p>\n
The market capitalisation declined slightly to $1.26 trillion and the 24-hour trading volume stood at $1.35 billion.<\/p>\n
Ethers valuation also dipped slightly by 0.74 per cent and it was trading at $4,742. The market capitalisation stood at $557 billion and the 24-hour trading volume was $1.05 billion. Most other altcoins fell marginally while some remained flat.<\/p>\n
Crypto highlights | Check yesterday's prices<\/p>\n
There are changes that prices may fall over the next 24 hours but the long-term momentum remains steady.<\/p>\n
Commenting on the momentum, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm-based crypto investment platform, said, Over the past 24 hours, the cryptocurrency market witnessed profit booking across the spectrum. As trade volumes go up, the market might end up a bit lower.<\/p>\n
Despite this profit booking, the long term investors need not worry as the momentum in the market is still pretty positive, he added.<\/p>\n
Cryptocurrency<\/p>\n
Price (US Dollar)<\/p>\n
24-hour change<\/p>\n
Market cap<\/p>\n
Volume (24 Hours)<\/p>\n
Bitcoin<\/p>\n
66,826.40<\/p>\n
-0.94%<\/p>\n
$1.26 trillion<\/p>\n
$1.35 billion<\/p>\n
Ether<\/p>\n
4,746.01<\/p>\n
-0.64%<\/p>\n
$557.44 billion<\/p>\n
$1.05 billion<\/p>\n
Dogecoin<\/p>\n
0.272903<\/p>\n
-0.72%<\/p>\n
$36 billion<\/p>\n
$1.96 billion<\/p>\n
Litecoin<\/p>\n
290.91<\/p>\n
17.81%<\/p>\n
$20.05 billion<\/p>\n
$436.83 million<\/p>\n
XRP<\/p>\n
1.26<\/p>\n
2.38%<\/p>\n
$125.01 billion<\/p>\n
$4.65 billion<\/p>\n
Cardano<\/p>\n
2.24<\/p>\n
-1.44%<\/p>\n
$73.33 billion<\/p>\n
$671.42 million<\/p>\n
DISCLAIMER: The cryptocurrency prices have been updated as of 05:45 pm and will change as the day progresses. The list is intended to give a rough idea regarding popular cryptocurrency trends and will be updated daily.<\/p>\n
Click here for IndiaToday.ins complete coverage of the coronavirus pandemic.<\/p>\n
<\/p>\n
Read the original post: Cryptocurrency prices fell on Wednesday due to profit booking by investors. Continue reading
\nCryptocurrency prices today: Bitcoin, Ether weaken ...<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"