Bitcoin’s price was up by 0.11 per cent at $41,495. The Ethereum price was down by 0.97 per cent but remained at $3,073.
Bitcoin price gained on Thursday.
Bitcoin on Thursday made gains as its price continues to remain above $41,000. Ethereum is also trading at over $3,000.
Several cryptocurrencies were trading in the red.
BITCOIN PRICE TODAY
Bitcoin’s price was up by 0.11 per cent at $41,495. The Ethereum price was down by 0.97 per cent but remained at $3,073.
“Bitcoin and Ethereum are currently trading above US$41,600 and US$3,000 levels. BTC’s support lies at US$37,000 while the resistance stands at US$46,000. Since the daily charts show BTC’s upward trend, this could keep the short-time buyers active in the market,” Edul Patel, CEO and Co-founder of Mudrex, said.
CRYPTOCURRENCY PRICES
XRP was down by 2.55 per cent, Terra was down by 2.13 per cent, Solana fell by 1.98 per cent, Avalanche was down by 1.43 per cent, and Cardanao fell by 0.86 per cent.
Other popular altcoins such as Dogecoin was down by 3.98 per cent and Shiba Inu fell by 2.27 per cent.
“On the other side, Ox, an upcoming blockchain project, has outperformed the market by gaining nearly 54% after the developers announced a significant partnership with Coinbase. Zilliqa is also up by 19% seems like the price is again in the bull’s control, starting its rally,” Patel said.
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