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Bitcoin less than $ 60,000;  Shiba Inu increases 74% in 24 hours


Bitcoin, the world’s largest cryptocurrency, fell to its lowest level in a week and a half on Wednesday, as investors turned profit days after the coin hit an all-time high. However, digital currency is still on track for the best month since February.

Meanwhile, Ether, the second digital coin, also followed Bitcoin with a 4% drop. Binance Coin lost 5% and Cardano slipped 8%. As Cardano lost ground, he also lost his fourth place in the standings and slipped to fifth.

Dogecoin lost its number 10 position on the table as Shiba Inu jumped over 73% to climb to number 9. USD Coin has slipped to number 10 for now. Shiba Inu has increased 200% in the past seven days. Dogecoin, on the other hand, slipped more than 8%.

A. Top 10 Cryptocurrencies by Market Cap

Cryptocurrency Current market price 24 hour change
Bitcoin $ 59,142 -2.30%
Ether $ 4,016 -4.05%
Binance Coin $ 456 -5.15%
Attached $ 1 0.04%
Cardano $ 1.95 -8.95%
Solana $ 190 -6.20%
XRP $ 1.10 -9.7%
Peas $ 41 -8.29%
Shiba inu 0.00008533 $ 74%
USD coin $ 1 0.01%

On Thursday, the total market cap of the crypto market – the barometer of the overall health of the crypto market – fell nearly 4% to $ 2.470 billion. Meanwhile, Bitcoin’s dominance in the market has increased by more than half a percent to 44.87 percent.

B. Main crypto news updates

El Salvador adds $ 25 million in bitcoin to state coffers

The Salvadoran government acquired an additional 420 bitcoins on Wednesday, President Nayib Bukele announced on social media, as he doubled down on his booming cryptocurrency experiment. The latest bitcoin purchase, worth nearly $ 25 million at current prices, marks the first government acquisition of the cryptocurrency since September 20, when Bukele said he bought 150 bitcoins.

US SEC won’t give green light to leveraged bitcoin fund

The United States Securities and Exchange Commission (SEC) has asked at least one asset manager to abandon plans for a leveraged bitcoin exchange-traded fund, the Wall Street Journal reported on Wednesday, citing someone familiar with the matter.

Elon Musk’s Tesla Again Consider Accepting Bitcoin As A Payment Method For Cars

Cryptocurrency sponsor Elon Musk’s Tesla company is set to resume accepting Bitcoin in exchange for its products and services, the electric car maker said. Read more

Ether could rise 22% by year-end

A panel of fintech specialists predicted Ether, the number two coin, could reach $ 5,114 by the end of the year, an increase of more than 22% from current levels, according to a report of coinmarketcap.com.

C. The most traded coins

Cryptocurrency Current market price 24 hour change
Shiba inu $ 0.000084 70%
XRP $ 1.01 -9%
Solana $ 190 -6%

D. Top 3 winners

Cryptocurrency Current market price 24 hour gain
Shiba inu $ 0.000084 70%
Curve DAO token $ 5.40 17%
Polygon $ 1.92 6%

E. Top 3 losers

Cryptocurrency Current market price 24 hour loss
NuCypher $ 0.9047 -18%
The graphic $ 0.9409 -13%
Band Protocol $ 8.53 -13%

(The data comes from coindesk.com)

(With contributions from agencies)

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