Cryptocurrency Prices Today: Bitcoin, Ether Gain While Dogecoin, Shiba Inu Slip

Ether, on the other hand, is the coin linked to the Ethereum blockchain and the second largest cryptocurrency, also rose more than one percent to $1,299. Meanwhile, Dogecoin price was down about one percent today at $0.05 while the Shiba Inu was up about 0.5% to $0.00010.

Avalanche, Binance USD, Polkadot, Cardano, Chainlink, Tether, Apcoin, Solana, Litecoin, Tron, Uniswap, Cardano, Polygon in today’s performance of other crypto prices were trading with slight gains in the last 24 hours while XRP, Terra, Stellar slipped.

“Bitcoin has outperformed other altcoins as it is down by 1.87% over the past week. Neither the bulls nor the bears are controlling the price of BTC. So there can be no bullish moves. BTC few It could trade sideways for days between the $19,000 and $19,200 range. We could see BTC testing the $20,000 area this month as the price settled above $19,000. On the other hand, Ethereum was changing hands at the $1,300 level. If ETH can stay above current levels, we could see ETH reach US$1,400 very soon,” said Edul Patel, CEO & Co-Founder, Mudrex- A Global Crypto Investment Platform said.

According to CoinGecko, the global crypto market cap was below the $1 trillion mark today, even though it rose nearly one percent to $969 billion in the past 24 hours.

According to Bloomberg, a volatility gauge for bitcoin has fallen in recent days to its lowest level since April, reaching 61 on Friday, a far cry from 140 amid the collapse of the Terra stablecoin ecosystem in May. .

Global markets have plunged over the past few months as central banks around the world raised interest rates to curb rising inflation. Risk assets such as cryptocurrencies have been particularly hard hit as bearish fears mount.

(with inputs from agencies)