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Aug 27,2023

As Top Coins Experience a Bloodbath, Bitcoin Falls Below $26,000

Quick analysis of the cryptocurrency pricing on August 23: The $1.05 trillion market cap was not changed.

The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), fell under the $26,000 threshold early on Wednesday. Other well-known altcoins, including as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), all had slight declines. The Sui (SUI) token saw the largest gain of the group, rising more than 10% in just one day. The largest loser, though, was THORChain (RUNE), which suffered a loss of about 10% during the course of a day.

At the time of writing, the market capitalization of all cryptocurrencies was $1.05 trillion, down 0.47 percent over the previous day.

Bitcoin Price Today

According to CoinMarketCap, the price of one bitcoin was $25,978.36, down 0.21 percent over the previous day. Bitcoin was trading at Rs 22.99 lakh, according to Indian market WazirX.

Ethereum Price Today

At the time of writing, the price of ETH was $1,630.73, representing a 24-hour loss of 0.01 percent. According to WazirX, the price of ethereum in India was Rs 1.48 lakh.

Dogecoin Price Today

According to statistics from CoinMarketCap, the price of DOGE, which is now $0.06254, dropped 0.6% over the past 24 hours. Dogecoin's price in India as of WazirX was Rs 5.59.

Litecoin Price Today

Litecoin lost 2.75 percent throughout the course of a day. Its price at the time of writing was $64.74. The cost of LTC was Rs 5,844.98 in India.

Ripple Price Today

The price of XRP was $0.5199, down 0.33 percent over the previous day. WazirX said that the price of ripple was Rs 46.0001.

Solana Price Today

The price of solana was $20.61, down 2.34 percent over the previous 24 hours. According to WazirX, the cost of SOL in India was Rs 1,879.90. 

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