Cryptocurrency prices today: In the last 24 hours, the biggest cryptocurrency Bitcoin has seen a jump of about 5 percent. At 2 pm Indian time, bitcoin was trading at $48,871.
Cryptocurrency prices: In the last 24 hours, the biggest cryptocurrency Bitcoin has seen a jump of about 5 percent. At 2 pm Indian time, bitcoin was trading at $48,871. During the same time the market valuation of bitcoin increased by 5% to $923 billion.
It had lost around 32% since setting a record high in early November. At the same time, Ethereum also saw an increase of more than 5% in the last 24 hours. Its market capitalization reached $ 478 billion.
Bitcoin’s dominance increased
According to Coinmarketcap, the global cryptocurrency market capitalization today stands at $2.26 trillion, an increase of 4.37% (as of 2:10 PM IST) in the last 24 hours. Bitcoin’s dominance is 40.80% and Ethereum has 21.24% dominance in the market.
Popular tokens like Solana, Cardano, XRP, and Terra LUNA also saw a jump of around 2 percent in the last 24 hours.
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On Tuesday, Bitcoin made a low of $45,579.81 and a high of $48,888.43 in the last 24 hours. Ethereum had a low of $3,759.40 and a high of $4,050.32.