Bitcoin continues to fall, falling 2% to trade below $29,000, while Ethereum was also down 2%, trading below $1,800.

Bitcoin and other leading crypto assets fell dramatically on Thursday after the US Fed meeting minutes frightened markets. The US Fed minutes of the July meeting lowered traders’ attitudes throughout the world, implying that the US central bank may need to raise interest rates further if necessary.

Bitcoin proceeded to fall further, falling as much as 2% to fall below the 29,000-mark for the second time. After the current downturn, Ethereum, its largest peer, was also trading 2% lower, falling below $1,800. The price action in the major altcoins was bearish.

Bitcoin is currently selling above $28,500. This could be due to the Russian Rouble and Argentina’s Peso losing value in relation to the US Dollar. Meanwhile, Ethereum has deviated from its previous pattern of trading between $1,800 and $1,900, and is now trading just below the $1,800 mark.

On Thursday, all of the top crypto tokens were trading downward. Shiba Inu fell by more than 8%, while Litecoin fell by more than 5%. Dogecoin was down 4%, while Toncoin, XRP, and BNB were all down 3%. In the early trading session, Solana was down 2%.

The worldwide cryptocurrency market cap was trading much lower, falling to $1.14 trillion after decreasing over 2% in the prior 24 hours. However, total trade volumes increased by more than 19% to $36.82 billion.

Crypto Price Today: Ethereum is falling, Bitcoin is above $28,000, and other tokens are moving in a diverse manner

Cryptocurrency movements were uneven. The market capitalization of all cryptocurrencies was $1.2 trillion, with $29.7 billion in volume traded in the previous day.

Bitcoin

The biggest and most well-known virtual currency in the world, Bitcoin, increased 0.8 percent to $28,309.7. It was valued at $540.4 billion in the market. $10.7 billion in transaction volume was involved.

Ethereum

Ethererum is the second-largest virtual currency, decreased 0.4 percent to $1,851.2 and has a $224.3 billion market capitalization. In the previous day, $8.2 billion worth of Ethereum was traded.

Dogecoin

A virtual currency based on memes, increased 0.7 percent on Monday. It had a market value of $1 billion. A total of $813.9 million was traded.

Shiba Inu

Shiba Inu market capitalization decreased by 0.5 percent to $6.4 billion. In the previous 24 hours, there were $120.2 million in trades.

Solana

Solana traded unchanged at $20.2 and has a $7.9 billion market cap. In the previous 24 hours, Solana saw trades of $165 million.

Polygon

Polygon market capitalization of $10.1 billion decreased by 1.6 percent. In the previous 24 hours, there were $193.5 million in trades.

Quick summary of the cryptocurrency market on March 2: On Thursday morning, the market capitalization of all cryptocurrencies was $1.07 trillion.

Early on Thursday morning, the price of the oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), stayed stable around $23,000. Other well-known cryptocurrencies, such as Ethereum (ETH), Dogecoin (DOGE)
, Ripple (XRP), Litecoin (LTC), and Solana (SOL), experienced a mixture of modest gains and losses. With an increase of more than 11% over the course of one day, the Maker (MKR) token appeared as the top gainer. On the other hand, NEM (XEM), which fell by nearly 6% over the course of a day, emerged as the biggest loss.

At the moment of writing, the market capitalization of all cryptocurrencies was $1.07 trillion, up 0.29 percent in the previous day.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $23,500.70, up 0.16 percent over the previous day. The price of Bitcoin was Rs 20.30 lakhs, according to Indian platform WazirX.

Ethereum price today
At the time of writing, the price of ETH was $1,648.04, up 0.78 percent over the previous 24 hours. According to WazirX, the price of ethereum in India was Rs. 1.42 crores.

Dogecoin price today
According to CoinMarketCap data, the 24-hour price of DOGE, which is presently trading at $0.08108, decreased by 1.044 percent. Dogecoin’s worth in India was Rs 7.15, according to WazirX.

Litecoin price today
Bitcoin gained 0.97 percent over the course of a day. Its price at the time of writing was $97.03. The price of LTC was Rupees 8,230.32 in India.

Ripple price today
The price of XRP was $0.3783, up 0.52 percent over the previous day. The price of ripple was Rs 32.59, according to WazirX.

Solana price today
The price of solana was $22, down 1.41 percent over the previous day. SOL was priced at Rs 2,001 in India, according to WazirX.

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