Bitcoin On Sunday, trading was down 0.93 per cent at $42,254 in the last 24 hours. However, the largest virtual currency has lost 11.69 per cent in the past one week. The market cap of bitcoin stood at $795.22 billion on Sunday. Bitcoin and other virtual currencies have been trading in the red for the past week – thanks to the uncertainty created by it. of evergrande The financial crisis, the housing finance company that was on the verge of collapse and was expected to default on its payments, sent shockwaves to markets across the world. The uncertainty over the timeline clear at the US Fed meeting last week also weighed on the markets. At the US Fed meeting, US Fed Chief Jerome Powell announced that the tapering of asset purchases would begin very soon. This has excited the markets across the country.
On the other hand, rival currency Ethereum was trading 2.48 percent down at $2,857.18 and Ether was down 16.34 percent in the past one week. Cardano was trading at $2.25, down 5.25 per cent. Cardano has a market cap of $72.22 billion.
Cryptocurrency prices dealt with volatility as China’s central bank on Friday announced a ban on all cryptocurrency payments and services, increasing the ongoing clampdown on bitcoin and other digital coins as it prepares to roll out its virtual currency. proceeds to. The latest action by Chinese regulators “strictly prohibits” exchanging cryptocurrency for legal tender, providing information or pricing services, and trading in cryptocurrency derivatives. This measure also applies to foreign exchanges that provide online services within the country’s borders. Violators will face criminal penalties. It marks the latest rattling of sanctions on what Beijing sees as a vehicle for capital flight and competition for its digital yuan, which is now set to begin in early 2022.
The global crypto market cap stands at $1.87 trillion, down 2.10 percent from the previous day. The total volume of the crypto market in the last 24 hours is $94.71 billion, a decrease of 29.85 percent. DeFi’s total volume currently stands at $13.77 billion, which is 14.54 percent of the total crypto market 24-hour volume. The volume of all stablecoins is now $75.47 billion, which is 79.69 percent of the total 24-hour crypto market volume. Bitcoin is currently priced at $42,240.19. Bitcoin dominance currently stands at 42.58 percent, an increase of 0.47 percent over the day.
Bitcoin in December reached an all-time high of $64,895 on April 14, following comments from several prominent figures. Bitcoin prices have been in the red zone for the past several days, factoring in a variety of reasons around the world. On Saturday, Binance Coin was trading at $340.47, down 5.33 percent over the past 24 days, Binance Coin dropped 16.93 percent over the past week. The market cap of Binance Coin was $57.413 billion.
Here are the top 10 cryptocurrencies and their prices as of 26 September 2021 (data from coinmarketcap.com when the article was published)
Bitcoin converts to $42,254 or (-0.93 percent) in 24 hours
Ethereum moves up to $2,857.64 or (-2.48 percent) in 24 hours
Cardano $2.25 or (-5.25 percent) converts in 24 hours
Tether converts at $1.00 or (+0.01 percent) in 24 hours
Binance Coin converts to $340.47 or (-5.33 percent) in 24 hours
XRP moves to $0.9876 or (-1.11 percent) in 24 hours
Solana converts to $145.70 or (-1.44 percent) in 24 hours
Polkadot converts to $32.11 or (+2.04 percent) in 24 hours
USD coin changed by $1.00 or (+0.01 percent) in last 24 hours
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