Crypto Price Today Live: Bitcoin holds $21,000; Dogecoin & Ethereum drop most

Synopsis

The global cryptocurrency market cap was trading marginally higher at the $1.06 trillion, almost unchanged in the last 24 hours. However, the total trading volume increased slightly to $72.92 billion.

New Delhi: Crypto tokens saw some profit booking on Monday morning after sharp gains over the weekend. However, Bitcoin continued to hold gains and marched towards the $22,000 mark.

Barring the Bitcoin and US dollar-pegged Tether, all other top tokens were trading in the red. Bitcoin advanced over a per cent, whereas Ethereum and Dogecoin were the top losers, down about 2 per cent each.

The global cryptocurrency market cap was trading marginally higher at the $1.06 trillion, almost unchanged in the last 24 hours. However, the total trading volume increased slightly to $72.92 billion.

Global Updates
Ethereum co-founder Vitalik Buterin surprised attendees at the Kyiv Tech Summit yesterday to show support for war-torn Ukraine, an appearance that was a closely guarded secret for security reasons, CoinDesk reported citing organizers.

Did you Know?

From tracking sustainability of products to monitoring pollution, environmental researchers are now finding blockchain’s use in solving the climate crisis.

View Details »MicroStrategy, a software developer that has become a corporate bitcoin vault, plans to sell up to $500 million of stock to fund more purchases of the cryptocurrency.

The sudden burst in the market for bitcoin might lose momentum quickly, crypto analysts said. On Friday the largest cryptocurrency by market value rallied over 10 per cent to the $21,000 level, its largest daily gain in six months.


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    Updated: 09/12/2022 — 03:00