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Quick analysis of the cryptocurrency pricing on September 22: The value of the entire market fell to $1.06 trillion.
The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), fell below the $27,000 threshold. Early on Friday, Ethereum (ETH) also lost the $1,600 level. The declines were mostly caused by Jerome Powell, the chairman of the US Federal Reserve, talking about the likelihood of raising interest rates. Popular altcoins like Litecoin (LTC), Ripple (XRP), Solana (SOL), and Dogecoin (DOGE) all experienced sideways trading. With a gain of more than 5% in just one day, Terra Classic (LUNC) went on to become the top gainer.
At the time of writing, the market capitalization of all cryptocurrencies was $1.06 trillion, down 1.33 percent over the previous 24 hours.
Bitcoin Price Today
According to CoinMarketCap, the price of one bitcoin was $26,640.35, representing a 1.53 percent 24-hour loss. BTC's current price was Rs 23.02 lakh, according to Indian exchange WazirX.
Ethereum Price Today
At the time of writing, the price of ETH was $1,594.62, reflecting a 1.73 percent 24-hour decline. According to WazirX, the price of ethereum in India was Rs. 1.39 lakh.
Dogecoin Price Today
According to data from CoinMarketCap, the 24-hour loss for DOGE, which is presently trading at $0.06164, was 2.01%. Dogecoin's price in India as of WazirX was Rs 5.27.
Litecoin Price Today
Litecoin gained 0.25 percent throughout the course of a day. Its price at the time of writing was $65.06. The price of LTC in India was Rs 5,460.12.
Ripple Price Today
The price of XRP was $0.513, down 0.76 percent during the last 24 hours. The price of ripple was Rs 43.59, according to WazirX.
Solana Price Today
Solana price was $19.71, down 2.17 percent over the previous 24 hours. WazirX said that the cost of SOL in India was Rs 1,700.