Cryptocurrency prices today

Cryptocurrency prices today

Cryptocurrency investors can expect another good day as prices of popular virtual coins continue their strong rally.

The rally is being led by the world’s largest cryptocurrency, Bitcoin, which was inching closer to hitting a fresh all-time high on Wednesday.

Bitcoin’s strong rally comes a day after the first US Bitcoin futures-based exchange-traded fund (ETF) began trading. It is a development that market participants say is likely to drive investment into the popular digital asset.

Bitcoin was trading at nearly $64,000, nearly 2.5 per cent higher than its value 24 hours ago at 11:00 am. Bitcoin’s market capitalisation stood at $1.20 trillion and the 24-hour trading volume declined marginally to $1.78 billion.

Crypto highlights | Check Monday’s prices

It may be noted that Bitcoin touched its previous high in April, when it hit $64,895.22. It had reached $64,499 on Tuesday but cooled off marginally thereafter.

Ether, the largest altcoin, was also trading nearly 1 per cent higher than its value 24 hours ago at $3,854.31. Its market capitalisation stood at $452 billion and the trading volume was $869 million.

Other altcoins were mixed with some gaining and others losing momentum due to profit booking by investors.

While Bitcoin looks set to hit an all-time high, experts are not sure whether the rally will continue as many investors may look to cash in during the positive rally.

Here are the latest prices and trends of popular cryptocurrencies:

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap

Volume (24 Hours)

Bitcoin

63,646.84

1.87%

$1.20 trillion

$1.76 billion

Ether

3,842.60

0.36%

$451.19 billion

$869.91 million

Dogecoin

0.244211

-2.45%

$32.14 billion

$1.35 billion

Litecoin

186.65

-1.64%

$12.84 billion

$61.70 million

XRP

1.10

0.29%

$109.77 billion

$3.63 billion

Cardano

2.10

-1.32%

$68.10 billion

$151.55 million

DISCLAIMER: The cryptocurrency prices have been updated as of 11:15 am 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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