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Cryptocurrency Price Today: Bitcoin value immediately on the time of writing this text was $23,968.54, down by 2.85 per cent over the previous 24 hours, knowledge confirmed.
Bitcoin costs have rallied over the previous few days
Cryptocurrency Price Today: The international cryptocurrency market on Tuesday, August 16, traded in crimson as main cryptocurrencies misplaced their grounds. The crypto market cap was standing at $1.14 trillion, down by 3.76 per cent previously 24 hours, as per knowledge. However, buying and selling volumes noticed a 9.84 per cent lower over the day because it stood at $75.47 billion.
“The international crypto market cap noticed a 0.35 per cent lower during the last day. Both BTC (Bitcoin) and ETH (Ethereum) costs confronted a draw back correction after attempting to interrupt the resistance zone,” stated Edul Patel, CEO and co-founder of Mudrex.
Bitcoin traded in crimson on the day and barely held the $24,000 mark at the same time as buyers’ sentiment improved during the last few days. Bitcoin value immediately on the time of writing this text was $23,968.54, down by 2.85 per cent over the previous 24 hours, knowledge retrieved from CoinMarketCap confirmed. In the previous seven days, Bitcoin costs have elevated by 0.55 per cent, as per the information.
“BTC declined under the USD 24,200 stage from USD 25,000 and would possibly attain USD 24,000. The rapid assist stage is close to the USD 23,500 zone, under which the worth may achieve bearish momentum,” stated Patel.
“BTC is doing good and is steady After breakout above the 200Weekly MA, it’s holding its all assist zone and so long as BTC holds above the 200Weekly MA which is taken into account close to $23000 we will think about a steady rise until $29000 l. As per resistance ranges there is no such thing as a large resistance earlier than $29200 till and until BTC once more closes under 200W ma solely then we will observe a small draw back motion to $21500,” added Manoj Dalmia, founder and director of Proassetz Exchange.
Meanwhile, Ethereum stayed above the $1800 mark on Tuesday on improved sentiments. Ether value immediately fell by 3.99 per cent on the time of writing in article to settle $1,872.38, confirmed knowledge from CoinMarketCap. Over the previous week, Ether costs have surged 5.68 per cent, the information additional confirmed.
“Similarly, the ETH value failed to stay above the USD 2,000 stage and dropped to the 1,880 stage. The rapid resistances are at USD 1,940 and USD 1,960 ranges, above which the worth would possibly retest the USD 2,000 zone,” famous Edul Patel.
Here are the highest 10 cryptocurrencies and their costs on August 12, 2022, Wednesday, (According to knowledge from coinmarketcap.com)
Bitcoin $23,968.54 or 2.85 per cent loss within the final 24 hours
Ethereum $1,872.38 or 3.99 per cent loss within the final 24 hours
Tether $1.00 or 0.00 per cent loss within the final 24 hours
USD Coin $0.9999 or 0.02 per cent achieve in the final 24 hours
BNB $316.84 or 1.16 per cent loss within the final 24 hours
Cardano $0.5523 or 2.30 per cent loss within the final 24 hours
XRP $0.3718 or 2.11 per cent loss within the final 24 hours
Binance USD $0.9999 or 0.00 per cent loss within the final 24 hours
Solana $43.16 or 4.92 per cent loss within the final 24 hours
Dogecoin $0.07928 or 0.77 per cent achieve within the final 24 hours
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