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Bitcoin (BTC) was down by 1.21 percent, Ethereum (ETH) dropped 1.54 percent

Gerhard by Gerhard
November 8, 2022
in Cryptocurrency
0
Bitcoin (BTC) was down by 1.21 percent, Ethereum (ETH) dropped 1.54 percent

Crypto Prices Today: Bitcoin (BTC), Ethereum (ETH) Loss, Polygon (MATIC) Was The Leading Gainer

Bitcoin (BTC) was down by 1.21 per cent, Ethereum (ETH) dropped 1.54 per cent. Dogecoin (DOGE) was most trending, however Polygon (MATIC) was the leading gainer today with 7.84 per cent gains.

Cryptocurrency prices were in red with Bitcoin (BTC), Ethereum (ETH) trading with losses. Various other altcoins like Solana (SOL) were down while Polygon (MATIC) was the leading gainer among cryptos today. Dogecoin remained the most trending crypto despite shedding in worth.

The crypto market cap dropped around 1.46 percent to $1.04 trillion and its trading volume was down by 0.47 per cent to $70.04 billion, according to data from Coinmarketcap.com at 8.50 am.

After a solid upside over the weekend break, the crypto market was trading in the red throughout the early hours in Asia. Bitcoins slid below $21,000, whereas Ethereum too might not maintain above the $1,600 level.

In the coming week, crypto traders will be focused on Tuesday’s midterm political elections in the United States, which may have significant effects for regulatory policy or financial choices.

Today’s leading gainer was Polygon (MATIC); it was up 7.84 percent at $1.24. The leading loser was Solana (SOL), which was trading at $0.119 with a loss of 10.23 per cent in the last 24 hours to Friday early morning.

Cryptocurrency Prices:

Bitcoin: BTC fell 1.21 per cent to $20,993.36.

Its least expensive intraday trading price was $20,860.64, while its volume was up by 4.7 per cent at $37,600,687,071.

BTC’s profession was very unpredictable on November 6 as well as its price often fluctuated. On top of it the trading volume of BTC was up however its price was in the adverse area.

Ethereum: Ethereum’s price dropped 1.54 percent to $1,592.59 in the last 24-hour to Monday morning.

Right up until 10.50 pm on November 6, ETH was patronizing gains. But after 10,50 pm, ETH experienced a round of selling stress which caused its price trading with losses and also by 5.40 get on November 7, ETH’s price went to its day’s floor.

The lowest price for ETH was $1,569.56. ETH’s trading volume was up by 18.33 per cent at $12,485,618,900.

Various Other Altcoins: Solana’s (SOL) price was down by 8.05 percent at $32.98 today.

Ripple (XRP) was down by 2.95 percent at $0.4751 and its 24-hour trading quantity was down by 7.9 percent at $1,016,238,419.

Cardano (ADA) was down by 3.42 per cent to $0.4087. Cardano’s 24-hour trading quantity was down by 21.96 percent to $499,457,341.

Binance (BNB) was down by 2.17 percent to $340.32. Its 24-hour trading quantity was up by 12.22 per cent at $1,308,476,278.

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