Top trending cryptocurrency on this diwali
Due to rising investor optimism over the previous 24 hours, popular cryptocurrency prices improved modestly on Wednesday.
Despite falling 0.13 percent from its 3:35 pm price, Bitcoin, the world’s largest cryptocurrency, was trading above $63,000. The market capitalization of Bitcoin has risen to $1.19 trillion, although the 24-hour traded volume has decreased slightly to $1.59 billion.
At $4,601.59, Ether was trading at least 3.7 percent higher than it was 24 hours ago. The cryptocurrency’s market capitalization has risen to $540 billion, with $1.74 billion in volume moved in the last 24 hours.
XRP, Solana, Cardano, Polkadot, Terra, Stellar, Uniswap, Polygon, and Litecoin have all seen significant gains in the last 24 hours. The meme cryptocurrency Shiba Inu, on the other hand, has been shedding a lot of its recent gains.
“The cryptocurrency market demonstrated an extremely positive momentum over the previous 24 hours,” Edul Patel, CEO and Co-founder of Mudrex, a global algorithm-based crypto investing platform, said of the market’s momentum.
“Ripple and Solana, the sleeping titans, made tremendous moves fueled by massive buying volume,” he continued.
“The fact that the market did not show any profit booking while achieving a total market capitalization of $2.7 trillion is a very good sign.”
Here are the latest prices and trends of popular cryptocurrencies:
Cryptocurrency | Price (US Dollar) | 24-hour change | Market cap | Volume (24 Hours) |
Bitcoin | 63,418.67 | 0.27% | $1.20 trillion | $1.59 billion |
Ether | 4,610.14 | 3.66% | $541.44 billion | $1.74 billion |
Dogecoin | 0.275553 | 0.32% | $36.32 billion | $2.37 billion |
Litecoin | 207.12 | 2.91% | $14.27 billion | $105.12 million |
XRP | 1.21 | 8.53% | $120.80 billion | $6.50 billion |
Cardano | 2.12 | 7.36% | $69.63 billion | $331.42 million |