Crypto Price Today Latest Updates: The crypto market is crashing as macroeconomic conditions become unfavorable again. After a strong few days of rally, the Bitcoin price is showing bearish sentiments once again. BTC fell over 2% in the last 24 hours and is trading at Rs. 16,69,987. It is still up by 6.4% for the last 7 days.
Ethereum is following the Bitcoin price lock-step as the second largest cryptocurrency plummets as well. ETH has fallen by over 3% and is trading at Rs, 1, 24, 028. Similar to BTC, ETH has been bullish all week and is up by 17% in the last 7 days.
Throughout the crypto winter, the altcoin’s crypto price continues to take the major brunt. BNB has fallen over 1% in the last 24 hours. It is trading at Rs. 23620 and is up by 7% in the last 7 days. Cardano continues to be the most volatile crypto token. Cardano fell by over 5% in the last 24 hours and is priced at Rs. 31.78.
After a strong showing throughout the week, Polygon also falls to the bearish sentiment of the market. Polygon is trading at Rs. 74.67 after falling by 3% in the last 24 hours. However, $MATIC is up by over 11% in the last week and continues to score mass adoption.
Meme coins Dogecoin and Shiba Inu showed extremely poor performance yesterday. $DOGE fell by close to 4% in the last 24 hours and is trading at Rs. 6.14. Shiba Inu performed even worse and fell by over 8% in the last 24 hours. $SHIB is trading at Rs. 00087,
The tech stock crash has made the macroeconomic market weak again. Meta and Amazon both plunged by as much as 20% after missing out on their earnings report. Experts believe that the current tech crisis is similar to the Lehman brother crash.
US GDP does show a strong economy. However, the Federal Reserve will almost certainly continue with its hawkish stance for an extended period.
Banking giant Citigroup has revised its Bitcoin prediction to $231,000 in the next 12 months,…
The Ethereum price and BMNR stock have recorded modest gains thanks to BitMine’s recent $1…
In a fresh development, multiple ASTER tokens have been sent to Binance spot wallets, following…
Avalanche Treasury Co., in partnership with Mountain Lake Acquisition Corp., has unveiled a $675 million…
Nasdaq-listed VivoPower has stepped up its digital treasury goals with a fresh capital raise aimed…
Solana increased in price by 5% to approximately $219 following a $2 billion Solana treasury…