Cryptocurrency prices today: Bitcoin just above $57,000, Ether rises sharply

Cryptocurrency prices rose marginally after facing massive volatility over the past 24 hours. Check the latest cryptocurrency prices and trends.

Bitcoin prices rose marginally after facing high volatility for the past 24 hours. (Photo: Reuters)

The cryptocurrency market has witnessed a burst of volatility over the past 24 hours as popular virtual coins struggled to find support. However, most small cryptocurrencies rose sharply after a short period of volatility on Wednesday.

Bitcoin, the world’s most popular cryptocurrency, was trading at $57,199 or 0.81 per cent higher than its price 24 hours ago at 3:40 pm. The market capitalisation of Bitcoin was $1.08 trillion and the 24-hour trading volume was $1.80 billion.

Ether, the native token on the Ethereum platform, was trading at $4,743.05 or 6.83 per cent higher than its price 24 hours ago. Ether’s market capitalisation stood at $562 billion and the 24-hour trading volume was $3 billion.

Crypto highlights | Check yesterday’s prices

Many small cryptocurrencies including Solana, XRP, Cardano, Polkadot, Chainlink, Uniswap, Polygon and Litecoin jumped sharply today.

Commenting on the cryptocurrency market momentum, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto investment platform, said, “The past 24 hours remained massively volatile for the cryptocurrency spectrum.”

“Bitcoin hovered around its support level at $57,000. The rally was observed across the altcoins with ETH moving past the $4750 mark. The coming few days will likely remain volatile for the cryptocurrency market.”

Here are the latest prices and trends of popular cryptocurrencies:

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap

Volume (24 Hours)

Bitcoin

57,126.15

0.68%

$1.08 trillion

$1.80 billion

Ether

4,730.24

6.28%

$560 billion

$3 billion

Dogecoin

0.214104

-1.58%

$28.30 billion

$$1.23 billion

Litecoin

213.13

5.73%

$14.72 billion

$$135.99 million

XRP

1.01

2.42%

$100.50 billion

$3.10 billion

Cardano

1.59

1.72%

$52.30 billion

$$160.71 million

DISCLAIMER: The cryptocurrency prices have been updated as of 4:00 pm and will change as the day progresses. The list is intended to give a rough idea regarding popular cryptocurrency trends and will be updated daily.

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