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Aug 09,2023

Shiba Inu Becomes Biggest Loser as Bitcoin Remains Below $30,000

An overview of the cryptocurrency market on August 7: The total market capitalization decreased to $1.16 trillion.

The oldest and most valuable cryptocurrency in the world, bitcoin, continued to trade sideways and didn't rise above $30,000 during the weekend. Other well-known cryptocurrencies, including as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), experienced a mix of modest losses and gains. The market fear and greed index had a score of 50 (out of 100), which was neutral. With a 24-hour increase of about 18%, the XDC Network (XDC) token was shown to be the top gainer. Memecoin Shiba Inu (SHIB), on the other hand, ended up being the largest loss, falling more than 5% over the course of a day. 

The total value of all cryptocurrencies was $1.16 trillion at the time of writing, up 0.21 percent over the previous day.

Bitcoin Price Today

According to CoinMarketCap, the price of one bitcoin was $29,122.43, up 0.35 percent over the previous day. Bitcoin was trading at Rs 24.96 lakh, according to Indian market WazirX.

Ethereum Price Today

At the time of writing, the price of ETH was $1,837.34, up 0.27 percent over the previous day. According to WazirX, the price of ethereum in India was Rs 1.57 lakh.

Dogecoin Price Today

According to data from CoinMarketCap, the 24-hour price of DOGE, which is presently trading at $0.0753, fell by 0.76 percent. The price of Dogecoin in India was Rs. 6.37, according to WazirX.

Litecoin Price Today

Litecoin lost 0.16 percent throughout the course of a day. Its price at the time of writing was $83.10. The cost of LTC was Rs 7,002.88 in India.

Ripple Price Today

The price of XRP was $0.6253, down 1.43 percent over the previous 24 hours. The price of ripple was Rs 54, according to WazirX.

Solana Price Today

The price of solana was $23.39, up 2.22 percent over the previous day. SOL cost Rs 2,015.74 in India, according to WazirX. 

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