Most cryptocurrencies traded in the green area early in the morning on April 10, 2022. Bitcoin, the world’s largest cryptocurrency, gained 0.62 percent over the past 24 hours to the level of $42,679.03, while the price of Ethereum rose 1.26 percent to $3,254.76 during the period today. Tether price rose marginally (0.01 percent) today at the $1 level. However, over the past 7 days, all these major cryptocurrencies have seen massive losses of up to 7%.
bitcoin price today $42,679.03 and its current market cap is $811,832,005,365. Bitcoin trading volume on WazirX in the last 24 hours is $15,699,207,139.
Similarly, Ethereum is priced at $3,254.76 today with a current market cap of $391,371,138,485 and has a trading volume of $9,677,852,941 on WazirX in the last 24 hours.
Tether is priced at $1 today with a current market cap of $82,564,983,002 and has a trading volume of $58,937,297,477 on WazirX over the past 24 hours.
However, all these major cryptocurrencies have seen huge losses in the past 7 days. Over the past 7 days, bitcoin has fallen 7 percent, the price of Ethereum has corrected by 5.45 percent while the price of Tether has remained virtually unchanged. So, Tether seems to be following the trend, but other blockchains like Solana and Terra are down 14.85 percent and 15.94 percent over the past 7 days.
But, Dogecoin has bucked the trend with an increase of 5.52 percent over the past 7 days. Dogecoin is priced at $0.1478 today, up 3.28 percent over the past 24 hours.
Last week at the Bitcoin 2022 conference in Miami, bitcoiners announced they were back in a big way, with over 25,000 people participating in extravaganzas to celebrate each other alongside the native digital asset. Crypto dignitaries, including Michael Novogratz and Peter Thiel, gathered for panels in spacious rooms pumped round the clock with fog machines and dance music. In the years since COVID first broke out, the crypto industry has exploded – companies have sprouted and grown and there is more money for projects than ever before. Bitcoin has rallied more than four times since the pandemic, even as it lost nearly 40% since hitting record highs in November.
(with inputs from Bloomberg)
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