Bitcoin Price Today: BTC Falls Back to 24k Mark, Plunges By 1.28%

Shourya Jha
February 20, 2023
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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Bitcoin Price Today: The crypto market is trading partially in red today, as some of the significant coins see a decline.

As of writing, Bitcoin price decreases by 1.28% in the last 24 hours. 

The global crypto market cap stands at 1.12 trillion USD, a decrease of 0.23% over the past day. The total crypto market volume in the last 24 hours increased by 51.96% and is currently at 63.07 billion USD.

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Bitcoin (BTC) decreases by 1.28%

The world’s largest crypto, Bitcoin decreases by 1.28% in the last 24 hours, thus, taking the market cap to 472.24 billion USD. Each BTC is trading for 24,465 USD. The crypto is reaching near the 25k mark yet again. Traders were ecstatic about the massive Bitcoin rally, however, the tough economic conditions seem to be pulling it back. 

Trading volume in the last 24 hours is up by 53.74%. The dominance of Bitcoin has decreased by 0.35% compared to the previous day and stands at 42.25%.Bitcoin Price Today: BTC Source: coinmarketcap

Also read: Is Arbitrum’s Rising Transactions A Hint Towards Token Launch?

In the last 24 hours, Bitcoin was as high as 25,093 USD and fell to as low as 23,927 USD. In the past week, the token was also trading for as high as 25,134 USD. This came as a great sign as Bitcoin seems to be bullish and is rallying. 

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Price of Bitcoin in different countries:

BTC Price in India

Each BTC can be bought in Indian currency for INR 20,23,096.

BTC Price in Singapore

For the people of Singapore, each BTC is currently costing 32,680 Singapore dollar.

BTC Price in Dubai

The price of each BTC in Dubai is 89,859 UAE Dirham.

Also read: Aptos (APT) Price Eyes New All-Time High; Is $25 In The Making?

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.