Cryptocurrency Price Today: Bitcoin Below $24,000 Mark; Ether, Solana Lose 5%
Cryptocurrency Price Today: The global cryptocurrency market on Tuesday, August 16, traded in red as major cryptocurrencies lost their grounds. The crypto market cap was standing at $1.14 trillion, down by 3.76 per cent in the past 24 hours, as per data. However, trading volumes saw a 9.84 per cent decrease over the day as it stood at $75.47 billion.
“The global crypto market cap saw a 0.35 per cent decrease over the last day. Both BTC (Bitcoin) and ETH (Ethereum) prices faced a downside correction after trying to break the resistance zone," said Edul Patel, CEO and co-founder of Mudrex.
Bitcoin traded in red on the day and barely held the $24,000 mark even as investors’ sentiment improved over the last few days. Bitcoin price today at the time of writing this article was $23,968.54, down by 2.85 per cent over the past 24 hours, data retrieved from CoinMarketCap showed. In the past seven days, Bitcoin prices have increased by 0.55 per cent, as per the data. Read More...