Bitcoin, Ethereum, and BNB led the decline in cryptocurrency markets on Wednesday.

Bitcoin, the world’s largest cryptocurrency, dipped below $39,700 for the first time since the introduction of the 11 spot Bitcoin exchange-traded fund (ETF) on January 11.

The crypto market is under selling pressure, owing to the ease with which Bitcoin ETFs can be entered and exited. Users may have liquidated their bets to book profits and then established new positions in anticipation of the next surge. The next market mover could be the US Fed’s rate cut announcement, which is expected around the end of 2023.

Bitcoin remains below the critical $40,000 mark, presently trading at $39,700 following a recent dip. Given the firm support at $38,500, the current trading level may see increasing buying interest. If this support is ineffectual, the next support level is projected at $37,800, with resistance on the upside at $40,350.

In Wednesday’s trading, the global cryptocurrency market cap fell 1.9% to about $1.55 trillion in the previous 24 hours.

Bitcoin was trading down 0.64% at $39,648, while Ethereum was down 5.34% at $2,219. Other cryptocurrencies, like as BNB and Polygon, dropped more than 5% each. Litecoin, Chainlink, Tron, Dogecoin, and Cardano all lost 2-4%.

DeFi’s total volume is currently $5.96 billion, accounting for 8.04% of the total cryptocurrency market’s 24-hour volume. The entire volume of stablecoins is now $67.7 billion, accounting for 91.31% of the total 24-hour volume on the crypto market.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization drop to $777 billion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 50.39%. In the last 24 hours, BTC volume grew by 3.7% to $30.5 billion.

Bitcoin saw a big dip, breaking the $40,000 barrier and briefly touching $39,500, owing to substantial sales spurred by the Grayscale GBTC Bitcoin ETF. Investors are cautious as Bitcoin remains just under $39,000, indicating a probable price range of $35,000 to $45,000.

Bitcoin (BTC) reached a high of $44,231.23 in the last seven days.

Bitcoin (BTC), the world’s most popular cryptocurrency, has recovered after a brief drop and is now trading about $43,000. At the time of writing, the worldwide market cap was $1.66 trillion, up from $1.46 trillion the previous week.

Before we continue, readers should be aware that the general crypto market and coin prices are quite volatile. There are no surefire strategies for predicting how cryptocurrencies will behave in the future. This article is intended to help investors stay current on market scenarios and major events that have already occurred, as well as some impending events worth mentioning. Before making any investment decision, investors should conduct their own research.

Crypto Prices Over The Past Week

The global crypto market cap was $1.46 trillion on Monday (December 18). BTC was trading about $41,100, while ETH was trading around $2,170.

A week later, the total market capitalization had risen to $1.67 trillion.

Check Out Top Crypto Prices Today

DeFi’s total volume is $8.05 billion, accounting for 13.46 percent of overall market 24-hour volume. Stablecoins had a total volume of $52.35 billion, accounting for 87.51 percent of the total 24-hour market volume. According to CoinMarketCap, the overall market fear and greed index was ‘Greed’ with 72 points (out of 100).

At the time of writing, BTC has a 50.72 percent market share.

Bitcoin reached a high of $44,231.23 (on December 20) and a low of $40,633.10 (on December 18) in the last seven days.

In contrast, Ethereum reached a high of $2,336.92 on December 23 and a low of $2,127.61 on December 18.

Quick analysis of the cryptocurrency pricing on September 15: The worldwide market capitalization increased to $1.04 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, surpassed the $26,000 mark early Thursday. Popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) all finished in the green. Hedera (HBAR) went on to become the top gainer, gaining about 12% in a 24-hour period. Astar (ASTR) was the biggest loser, falling more than 5% in a 24-hour period.

At the time of writing, the worldwide crypto market cap was $1.04 trillion, representing a 1.49 percent growth in a 24-hour period.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $26,244.81, representing a 1.38 percent gain in a 24-hour period. BTC was trading at Rs 22.64 lakh on the Indian market WazirX.

Ethereum Price Today
At the time of writing, the price of ETH was $1,618.07, representing a 1.71 percent 24-hour rise. According to WazirX, the current price of Ethereum in India is Rs 1.40 lakh.

Dogecoin Price Today
DOGE gained 0.88 percent in a 24-hour period, according to CoinMarketCap data, and is now trading at $0.0613. According to WazirX, the Dogecoin price in India is Rs 5.31.

Litecoin Price Today
Litecoin gained 4.21 percent in a 24-hour period. It was trading at $62.43 at the time of publication. In India, the price of LTC was Rs 5,405.

Ripple Price Today
The price of XRP was $0.4846, up 1.12 percent in 24 hours. According to WazirX, the current price of Ripple is Rs 41.61.

Solana Price Today
Solana was trading at $18.82, up 5.47 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,617.11.

Quick analysis of the cryptocurrency pricing on August 16: The worldwide market capitalization fell to $1.16 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, traded sideways early Wednesday, remaining below the $30,000 threshold. Other notable altcoins fell in the reds, including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL). Following its test launch, the SEI token emerged as the highest gainer of the bunch, with a whopping 24-hour gain of nearly 2,600 percent. ApeCoin (APE), on the other hand, became the biggest loss, falling roughly 12% in a 24-hour period.

At the time of writing, the worldwide crypto market cap was $1.16 trillion, representing a 1.10 percent 24-hour loss.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $29,202.73 after a 0.48 percent drop in the previous 24 hours. BTC was trading for Rs 25.31 lakh on the Indian exchange WazirX.

Ethereum Price Today
At the time of writing, the price of ETH was $1,827.74, representing a 0.77 percent 24-hour loss. According to WazirX, the current price of Ethereum in India is Rs 1.59 lakh.

Dogecoin Price Today
DOGE fell 4.57 percent in a 24-hour period, according to CoinMarketCap data, and is now trading at $0.07101. According to WazirX, the Dogecoin price in India is Rs 6.18.

Litecoin Price Today
Litecoin lost 3.04 percent in a 24-hour period. It was trading at $79.21 at the time of writing. In India, the price of LTC was Rs 6,875.

Ripple Price Today
The price of XRP was $0.6078 after a 3.53 percent drop in the previous 24 hours. According to WazirX, the current price of Ripple is Rs 52.37.

Solana Price Today
Solana’s price was $23.76, representing a 4.70 percent drop in a 24-hour period. According to WazirX, the SOL price in India was Rs 2,050.01.

Bitcoin rose marginally but remained below the 29,500-mark, while Ethereum rose along similar lines and managed to hold $1,850-levels.

On Monday, Bitcoin and other key crypto assets were trading in a mixed bag. Due to the global holiday season and a lack of substantial key economic events, the digital token market drifted sideways in August. However, the consolidation phase may result in some gains in the token space.

Bitcoin rose marginally as the largest crypto token gained roughly 0.5 percent but stayed below the 29,500 barrier. However, Ethereum, its largest peer, too saw advances along similar lines and managed to hold $1,850-levels. The price behaviour in altcoins was erratic.

Following an eventful weekend, the value of Bitcoin increased somewhat, reaching $29,461. For the previous week, Bitcoin has traded in a band of $29,000 to $29,500. The market appeared to have digested the news that Curve Finance had been the victim of an exploit.

In the previous seven days, Ethereum has successfully breached the $1,850 milestone and is currently trading at around $1,871. Meanwhile, the banking crisis in the United States continues, with the FDIC shutting down Kansas Heartland Tri-State Bank. This bank’s demise could be attributable to rising US interest rates and ineffective risk management practises.

On Monday, the main crypto tokens were trading in a mixed bag. On the downside, Tron and Shiba Inu both lost 4% over the day, while Dogecoin and Solana both lost 2%. Among the gainers, Bitcoin Cash rose over 6%, while Polygon climbed nearly 2%.

The worldwide cryptocurrency market cap was trading marginally higher, rising to $1.19 trillion after gaining less than 1% in the previous 24 hours. However, total trade volumes increased by more than 45% to $25.85 billion.

Quick take on the cryptocurrency price on July 10: The worldwide market capitalization fell to $1.17 trillion.

Bitcoin, the world’s oldest and most valuable cryptocurrency, managed to stay constant in the $30,000 range early Friday, while most other coins saw a combination of gains and losses. Popular cryptocurrencies such as Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), and Ripple (XRP) experienced modest movement, with Ethereum (ETH) failing to recapture the $1,800 mark over the weekend. With a 24-hour rise of more than 11 percent, Compound (COMP) emerged as the greatest gainer of the bunch. Wrapped Bitcoin (WBTC) was the largest loser, losing more than 7% in a 24-hour period.

At the time of writing, the worldwide crypto market valuation was $1.17 trillion, a 0.63 percent drop in a 24-hour period.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $30,183.19 after a 0.44 percent drop in the previous 24 hours. According to the Indian exchange WazirX, the price of Bitcoin was Rs 26 lakh.

Ethereum Price Today
At the time of writing, the price of ETH was $1,863.28, representing a 0.28 percent 24-hour drop. According to WazirX, the current price of Ethereum in India is Rs 1.60 lakh.

Dogecoin Price Today
According to CoinMarketCap data, DOGE has lost 2.08 percent in the last 24 hours and is currently trading at $0.06483. According to WazirX, the Dogecoin price in India is Rs 5.60.

Litecoin Price Today
Litecoin fell 3.65 percent in a 24-hour period. It was trading at $93.82 at the time of writing. In India, the price of LTC was Rs 8,200.

Ripple Price Today
The price of XRP was $0.4662, representing a 1.04 percent decline in a 24-hour period. Ripple’s current price is Rs 40, according to WazirX.

Solana Price Today
Solana price was $21.34, down 1.93 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,869.99.

Quick summary of the cryptocurrency market on April 3: Over the weekend, the total market capitalization fell to $1.16 trillion.

Early on Monday, the prices of the two most well-known cryptocurrency currencies in the world, Bitcoin (BTC) and Ethereum (ETH), were around $27,000 and $1,700, respectively. Other well-known cryptocurrencies, such as Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), all finished in the red. The ApeCoin (APE) token managed to come out on top as the largest gainer of the group, increasing by almost 3% in just one day. Conflux (CFX), which lost more than 8% in a single day, rose to the top losing position. At the moment of writing, the total value of all cryptocurrencies was $1.16 trillion, representing a 24-hour loss of 2.29 percent.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $27,686.26, a decline of 2.67 percent over the previous 24 hours. Bitcoin was trading at Rs 24.35 lakh, according to Indian platform WazirX.

Ethereum price today
At the moment of writing, the price of ETH was $1,775.31, a 24-hour decline of 2.27 percent. According to WazirX, the price of ethereum in India was Rs 1.53 lakh.

Dogecoin price today
According to data from CoinMarketCap, the 24-hour loss for DOGE, which is presently trading at $0.0774, was 8.15 percent. Dogecoin’s worth in India as of WazirX was Rs 6.83.

Litecoin price today
In the last day, Litecoin fell by 0.97 percent. Its price at the moment of writing was $91.67. The cost of LTC was Rs 7,849.26 in India.

Ripple price today
The price of XRP was $0.51, down 0.85% over the previous 24 hours. The price of ripple was Rs 44.34, according to WazirX.

Solana price today
The price of solana was $20.11, down 4.35 percent over the previous day. SOL cost Rs 1,928 in India, according to WazirX.

Quick analysis of the cryptocurrency market on February 23: On Thursday morning, the market capitalization of all cryptocurrencies was $1.11 trillion.

After the US Federal Reserve published the minutes from the Federal Open Market Committee (FOMC) meeting in January, which revealed that some committee members wanted to see a higher interest rate hike to control inflation while others thought it was best to wait first before making a decision.

Bitcoin (BTC), the oldest and most valuable cryptocurrency, dropped down to nearly $23,600. BTC, however, was able to turn around quickly enough, surmounting $24,000 in the early hours of Thursday.

Other well-known altcoins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Ripple (XRP), all managed to post modest increases. With a gain of 15% over the course of a day, the Stacks (STX) token was found to be the largest winner of the group.

At the moment of writing, the market capitalization of all cryptocurrencies was $1.11 trillion, up 1.40 percent over the previous day.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $24,511.23, up 1.34 percent over the previous day. The price of Bitcoin was Rs 20.99 lakhs, according to Indian platform WazirX.

Ethereum price today
At the moment of writing, the price of ETH was $1,668.40, up 1.20 percent over the previous day. According to WazirX, the price of ethereum in India was Rs. 1.43 crores.

Dogecoin price today
Currently trading at $0.08592, DOGE saw a 24-hour increase of 1.25 percent, according to statistics from CoinMarketCap. WazirX reports that the Bitcoin price in India was Rs 7.49.

Litecoin price today
Bitcoin gained 0.81 percent over the course of a day. Its price at the moment of writing was $95.67. The price of LTC was Rupees 8,174.46 in India.

Ripple price today
The price of XRP was $0.3955, up 1.59 percent over the previous day. The price of ripple was Rs 33.80, according to WazirX.

Solana price today
The price of solana was $24.54, up 0.44 percent over the previous day. WazirX reported that the cost of SOL in India was Rs 2,095.