Bitcoin, dogecoin surge while ether, cardano slip. Check cryptocurrency prices today

In cryptocurrencies, Bitcoin prices today surged while other digital tokens were mixed. The world’s largest cryptocurrency by market capitalization was trading over 1% higher at $62,112, as per CoinGecko. Though, the crypto has declined from its all-time high hit last week after the debut of the first US bitcoin futures exchange-traded fund.

Bitcoin had rallied to a record high of $66,974, the recent rally came after six-months from its previous top of $64,895, fueled by the debut of the ProShares Bitcoin Strategy ETF. The fund allows investors to speculate on the future value of bitcoin – without actually owning it. It is the first time investors have been able to trade an asset related to bitcoin on the New York Stock Exchange.

Ether, the coin linked to ethereum blockchain and the second largest crypto, slipped marginally to $4,138, as per CoinDesk. Cardano prices fell nearly 2% to $2.14 whereas dogecoin gained more than 8% to $0.27. Other digital tokens like Binance Coin, XRP, Uniswap, Litecoin were also trading with cuts over the last 24 hours, though, Solana surged whereas Shiba Inu was trading over 10% higher.

Shiba Inu soared to record highs over the weekend to become the 11th-biggest cryptocurrency by market value. SHIB was up 50% on Sunday and reached a record. Shiba Inu was founded in 2020 by an anonymous person going by the name Ryoshi, and the coin’s website refers to it as ‘a decentralized meme token that evolved into a vibrant ecosystem.’

(With inputs from agencies)

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint.
our App Now!!

Read Full Article

Latest articles

Ethereum-based dYdX saved from $2M security breach thanks to White Hat’s heroics

Security-enhanced privacy and personal monetary sovereignty are some of the major advantages that have seen decentralized exchanges (DEXs) rocket in popularity in recent...

Nagel Draxler gallery to launch Berlin space dedicated to NFTs and blockchain-related art

Oxymorons of sorts, physical galleries dedicated to NFTs are springing up worldwide — but few ventures have been spearheaded by traditional art dealers....

One Ethereum Rival Primed for All-Time Highs As ETH Sets Up for Massive Breakout Against Bitcoin: Top Crypto Analyst

Widely followed crypto analyst Pentoshi says that an Ethereum rival is jostling for new all-time highs as ETH also looks ready to fly...

ServiceNow Teams up with Hedera to Leverage Blockchain Tech

I know what you’re thinking; blockchain is just a buzzword that’s been thrown around in the past few years. I’ll admit it has...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here