Current situation in the crypto market. Latest predictions

Cryptocurrency market is felling down and it is now 1.89 trillian dollars decreases over the last day and it is such a big amout in global market fell.

The leading cryptocurrency by market value has crashed over 18% to $50,000 in 24 hours, reaching its lowest level since February 2024.

In this blog we are going to discuss the latest condition of the different currencies in the global market and predict what is about to going next in future days.

Bitcoin price today

As we know Bitcoin is the first decentralized cryptocurrency which uses  nodes in the peer-to-peer bitcoin network and  verify transactions through cryptography and record them in a public distributed ledger which is called a blockchain without central oversight.

Bitcoin latest price crash has narrowed the gap between futures and spot prices, denting the appeal of carry trades that seek to profit from discrepancies between the two markets.

Bitcoin price: $52,955.72 

Ethereum price today

Ethereum has also seen some significant movements, particularly with the ongoing development of Ethereum 2.0 and improvements in scalability and transaction speed. As with the price of bitcoin its price is also drop. According to the latest news Ethereum is 19.27% fell in the last 24 hours It has the approximate supply of 120.26M dollars.

Ethereum Price: $2338.17

Ethereum is trading now 15% high rate inthe market due to low price.

Litecoin price today

Litecoin was trading at the price of $58.45 in the last few days. Now it has pushed the market cap upto 12% or more. As it pushed the market cap which has traded in a range of $56.030 to $58.985 in the previous twenty-four hours.

Litecoin price: $58.23

Ripple price today

Ripple price is felling low as the daily support level of $0.544 indicates a shift in market structure but if it closes above the $0.643 daily resistance level, it would change the market structure by forming a high on the daily bases. Such a scenario might drive a 12% rally in XRP price to retest its next daily resistance at $0.724. Ripple price fell down approximately 5.8 percent in the last 24 hours 

Ripple price:$0.5354

 

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Farrukh
Farrukh
2 months ago

How can I purchase crypto currency

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