Cryptocurrency prices are likely to remain steady over the next 24 hours. (Photo: Reuters)<\/p>\n
Cryptocurrency prices have remained steady over the past 24 hours, maintaining a steady momentum even as the virtual coin market is expected to remain rangebound.<\/p>\n
Bitcoin, the worlds most popular cryptocurrency, dipped slightly over the past 24 hours as it faced some resistance around its inflection point of $49,000.<\/p>\n
The popular cryptocurrency was trading at $48,381 or 1.66 per cent lower at around 1:10 pm. Bitcoins market capitalisation stood at $914 billion and the 24-hour trade volume was $809.82 million.<\/p>\n
Ether, the native token on the Ethereum platform, also faced some resistance as it remained below $4,000. Ether was trading at $3,947, down over 2.50 per cent over its price 24 hours ago. Ethers market capitalisation fell slightly to $464.08 billion and the 24-hour trade volume stood at $666 million.<\/p>\n
All other small cryptocurrencies remained stable, with marginal change in prices. Commenting on the crypto market momentum, Edul Patel CEO and Co-founder of Mudrex a Global Algorithm-based Crypto Investment Platform, said market could remain rangebound for over the next 24 hours.<\/p>\n
We saw both Bitcoin and Ether facing some resistance around their inflection points at $49,000 and $4000 respectively. It caused the rest of the cryptocurrency market to remain range bound, Patel said.<\/p>\n
Although the traded volumes went higher, and the momentum looks steady, we might some range bound movement over the coming 24 hours, 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
48,314.16<\/p>\n
-1.89%<\/p>\n
$913.53 billion<\/p>\n
$804.08 million<\/p>\n
Ether<\/p>\n
3,948.40<\/p>\n
-2.87%<\/p>\n
$467 billion<\/p>\n
$720 million<\/p>\n
Dogecoin<\/p>\n
0.174722<\/p>\n
1.48%<\/p>\n
$23.15 billion<\/p>\n
$1.05 million<\/p>\n
Litecoin<\/p>\n
154.37<\/p>\n
-2.09%<\/p>\n
$10.69 billion<\/p>\n
$57.77 million<\/p>\n
XRP<\/p>\n
0.978220<\/p>\n
2.65%<\/p>\n
$97.81 billion<\/p>\n
$4.81 billion<\/p>\n
Cardano<\/p>\n
1.33<\/p>\n
2.52%<\/p>\n
$43.74 billion<\/p>\n
$135.28 million<\/p>\n
DISCLAIMER: The cryptocurrency prices have been updated as of 1:20 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
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