SEI rises above 2,600%, while Bitcoin remains below $30,000

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.