Cryptocurrency price daily update: Bitcoin, Dogecoin fall over 1%, Ether gains – India Today

December 1, 2021 by No Comments

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The cryptocurrency market is witnessing a fresh wave of volatility on Thursday as prices of popular virtual coins remain mixed.
Bitcoin, the world’s most popular cryptocurrency, was trading below $35,000 after crossing the figure yesterday. At 11:15 am, the price of the virtual currency was down nearly 1.60 per cent. On the contrary, Bitcoin had gained 5 per cent on Wednesday to touch $36,000.
Popular meme cryptocurrency Dogecoin also fell nearly 1.45 per cent, extending its losses from yesterday. Dogecoin has been trading weaker this week after it rose sharply last Friday. The downward slide has raised concern among Dogecoin investors.
Cryptocurrency highlights | Check yesterday’s prices
‘Meanwhile, Ether prices have finally registered a substantial gain after a long bout of weakness. The second-most popular cryptocurrency was up nearly 5 per cent at 11:20 am, crossing $2200 for the first time since last week.
Some other cryptocurrencies that saw an increase in valuation included XRP, Cardano, Polkadot and Stellar. Other cryptocurrencies were mostly trading in the red.
It may be noted that there has been no major leap in cryptocurrency values this week due to a rise in volatility. Following China, many other countries have flagged risks associated with virtual coin trade.
This could have an impact on the cryptocurrency market for a short period and individuals should assess the ongoing situation before making any investment decisions.
Cryptocurrency
Price (US Dollar)
24-hour change
Market cap (Billion)
Volume (24 Hours)
Bitcoin
34,391.70
-2.04%
$644.68
$29.73 billion
Ether
2,226.08
4.08%
$259.36
$28.23 billion
Dogecoin
0.247279
-2.17%
$32.17
$2.50 billion
Litecoin
140.33
-1.36%
$9.54
$2.48 million
XRP
0.684538
0.49%
$68.45
$2.52 million
Cardano
1.36
0.88%
$43.64
$3.20 billion
DISCLAIMER: The cryptocurrency prices have been updated as of 11:40 am and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and be updated daily.
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