A report of a current event, knowledge, information
Most cryptocurrencies fell on Thursday. The global crypto market cap was around $810 billion and $25.8 billion in the last 24hours. "Most cryptocurrencies fell slightly after the release of the US report on consumer confidence, which reached an eight-month high," emphasized Edul Patel, CEO and founder of Mudrex.
The price of Bitcoin, the world largest and most popular virtual currency, fell 0.1 percent to $16,826.5. It had a market capitalization of $323.8 billion. The trading volume was 14.6 billion dollars.
"BTC has been trading in a tight range and is trying to gather upward momentum. It recently recovered from $16,815 and is currently tracking the $17,000 level, which could lead to a return to the $18,000 area," said Edul Patel, CEO and Partner. Founder of Mudrex.
The second largest virtual currency, Ethererum, or Ether, rose 0.3 percent to $1,213.9 for a market capitalization of $148.6 billion. Ethereum had a trading volume of $4.1 billion in the last 24 hours.
As for Ethereum, Patel said, "It recently bounced off the $1,150 support, indicating more demand at the lower levels."
Dogecoin, a self-based virtual currency, rose 0.1 percent to $0.1. It had a market capitalization of $9.8 billion. The trading volume was 338.3 billion dollars.
Solana fell 0.5 percent to $12.1, with a market value of $4.4 billion. Solana had a trading volume of $162 million in the last 24 hours.
Shiba Inu fell almost a percent and had a market value of $4.5 billion. In the last 24 hours, the trading volume was 82 million dollars.
Polygon fell 0.6 percent to $0.8 on a market value of $6.9 billion. During the last 24hours, the trading volume was 180.1 million dollars.