Bitcoin price today above $ 42,000; Ether, Cardano Fall, Best Cryptocurrency Rates
Bitcoin was trading at $ 42,254 on Sunday, down 0.93% in the past 24 hours. However, the largest virtual currency has lost 11.69% in the past week. Bitcoin’s market cap on Sunday was $ 795.22 billion. Bitcoin and other virtual currencies have been trading in the red for the past week, thanks to uncertainty from the financial crisis of Evergrande, the housing finance company that was on the verge of collapse and was expected to default on its payment, it sent shockwaves through the markets of the world. Uncertainty over the reduction schedule that cleared at the US Fed’s meeting last week also weighed on the markets. At the US Fed meeting, US Fed chief Jerome Powell announced that the reduction in asset purchases will begin very soon. This has excited markets across the country.
On the other hand, rival currency Ethereum was trading at $ 2,857.18, down 2.48%, and Ether was down 16.34% in the past week. Cardano was trading in the red at $ 2.25, down 5.25%. Cardano’s market capitalization $ 72.22 billion.
Cryptocurrency prices have acted with volatility as China’s central bank announced a ban on all cryptocurrency payments and services on Friday, stepping up its ongoing crackdown on bitcoin and other digital coins as ‘it is preparing to deploy its own virtual currency. The latest move by Chinese regulators “strictly prohibits” the trading of cryptocurrency for legal tender, the provision of information or pricing services, and the trading of cryptocurrency derivatives. The measure also applies to foreign exchanges that provide online services within the country’s borders. Offenders will be liable to criminal penalties. marks the latest tightening by Beijing of restrictions on what it sees as a driver of capital flight and competition for its digital yuan, which is now expected to be rolled out as early as 2022.
The global crypto market cap is $ 1.87 trillion, down 2.10% from the last day. The total volume of the crypto market in the past 24 hours is $ 94.71 billion, which is a decrease of 29.85%. DeFi’s total volume is currently $ 13.77 billion, or 14.54% of the total 24-hour crypto market volume. The volume of all stablecoins is now $ 75.47 billion, or 79.69% of the total 24-hour crypto market volume. The price of Bitcoin is currently $ 42,240.19. Bitcoin’s dominance is currently 42.58%, an increase of 0.47% on the day.
Bitcoin in December, after comments from many prominent people hit a record high of $ 64,895, hit on April 14. For several days, Bitcoin prices have been in the red zone, taking into account many reasons around the world. On Saturday Binance Coin was trading at $ 340.47, down 5.33% in the past 24 days, Binance Coin slipped 16.93% in the past week. The market capitalization of the Binance coin was $ 57.413 billion.
Here are the top 10 cryptocurrencies and their prices as of September 26, 2021 (data from coinmarketcap.com when the article was published)
Bitcoin $ 42,254 or (-0.93%) change in 24 hours
Ethereum $ 2,857.64 or (-2.48%) change in 24 hours
Cardano $ 2.25 or (-5.25 percent) change in 24 hours
Tether $ 1.00 or (+ 0.01%) change in 24 hours
Binance Coin $ 340.47 or (-5.33%) change in 24 hours
XRP $ 0.9876 or (-1.11%) change in 24 hours
Solana $ 145.70 or (-1.44%) change in 24 hours
Polkadot $ 32.11 or (+ 2.04 percent) change in 24 hours
Coin in USD $ 1.00 or (+ 0.01%) change in the last 24 hours
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