Bitcoin (BTC) and Ethereum (ETH) are two of the most valued cryptocurrencies, which managed to rise above the $30,000 and $1,800 marks, respectively, on Saturday. Other popular altcoins, including Litecoin (LTC), Solana (SOL), Dogecoin (DOGE) and Ripple (XRP) also experienced minor gains. Bitcoin Cash (BCH) was the top gainer, with a 24-hour jump of 36.16%. Conflux (CFX) was the biggest loser.
At the time of writing, the crypto market cap was at $1.19 billion, which represents a 24-hour increase of 1.95%.
The price of Bitcoin, according to CoinMarketCap, is currently $30,742.36, with a 2.33% gain in 24 hours. On the Indian exchange WazirX, BTC was valued at Rs 26.49 lakhs.
Ethereum was trading at $1,894.2 at the time of writing, showing a 0.70% gain in 24 hours. On WazirX, ETH was at Rs 1.62 lakhs.
Dogecoin saw a gain of 2.89% in 24 hours, and is currently valued at $0.06817. On WazirX, DOGE was at Rs 5.8122.
Litecoin had a 24-hour gain of 6.79%, and was trading for $92.18. On WazirX, LTC was at Rs 8,000.
XRP saw a loss of 1.37% in 24 hours, and is currently valued at $0.4834. On WazirX, XRP was at Rs 43.
Solana saw a gain of 3.68% in 24 hours, and was trading for $17.39. On WazirX, SOL was at Rs 1,520.
The top five cryptocurrency gainers in the last 24 hours, according to CoinMarketCap, were Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum Classic (ETC), ECash (XEC) and Zcash (ZEC). The top five crypto losers in the same period were Conflux (CFX), Maker (MKR), Stacks (STX), Sui (SUI) and Ripple (XRP).
It is important to note that crypto products and NFTs can be very risky, and there may be no recourse to regulatory authorities for losses arising from such transactions. Cryptocurrencies are not legal tender, and there are market risks. Readers should seek expert advice and review the offer documents and other important literature related to the topic before investing. Cryptocurrency market predictions are speculative. Any investments made will be done at the reader’s own expense and risk.
