Bitcoin price drops below $38,000, Cryptocurrency market in red

Bitcoin, the largest cryptocurrency by market capitalization, started declining last week and was trading at $37,901, down by 2.72 per cent.

Cryptocurrencies.

Bitcoin’s price fell below $38,000 and the global cryptocurrency market was trading in the red as the Russia-Ukraine war has escalated further.

BITCOIN, ETHER PRICES FELL

Bitcoin, the largest cryptocurrency by market capitalization, started declining last week and was trading at $37,901, down by 2.72 per cent.

The second largest cryptocurrency by market capitalization, Ethereum was trading in the red as price fell by 3.87 per cent to $2,528.

CRYPTOCURRENCY MARKET DOWN

XRP price fell by over 2 per cent, Terra was down by over 6 per cent, Solana fell fell by over 5 per cent, Avalanche was down by over 5 per cent, Cardano fell by over 4 per cent, and Polkadot was down by over 2 per cent.

Other alt coins such as Dogecoin was down by 3 per cent, Shiba Inu fell by more than 3 per cent.

ALSO READ | Gold, silver prices today: Precious metals record hike on MCX| Check latest rates here

This news is republished from another source. You can check the original article here

Be the first to comment

Leave a Reply

Your email address will not be published.


*