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Quick analysis of the cryptocurrency pricing on August 31: The value of the entire market fell to $1.08 trillion.
Despite the price charts being dominated by reds in the early hours of Thursday, Bitcoin (BTC) remained at the $27,000 level. Popular altcoins witnessed slight declines across the board, including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL). The market's fear and greed index, according to CoinMarketCap, was at 40 (out of 100), which is a neutral level. With a 2 percent increase over the course of a day, the Mantle (MNT) token ended up being the greatest winner of the group. With a drop of more than 5% over the course of a day, ASTR continued to be the greatest loser for the second day in a row.
At the time of writing, the market capitalization of all cryptocurrencies was $1.08 trillion, down 0.92 percent over the previous day.
Bitcoin Price Today
According to CoinMarketCap, the price of one bitcoin was $27,194.70, a drop of 0.71 percent over the previous 24 hours. BTC's price was Rs 23.55 lakh, according to Indian exchange WazirX.
Ethereum Price Today
At the time of writing, the price of ETH was $1,700.11, reflecting a 24-hour decline of 0.94 percent. According to WazirX, the price of ethereum in India was Rs 1.48 lakh.
Dogecoin Price Today
Currently trading at $0.06544, DOGE saw a 24-hour loss of 0.34 percent, according to statistics from CoinMarketCap. Dogecoin's price in India was Rs 5.70, according to WazirX.
Litecoin Price Today
In the past day, Litecoin fell by 0.64 percent. Its price at the time of writing was $67.36. The cost of LTC was Rs 5,825.26 in India.
Ripple Price Today
The price of XRP was $0.5264, down 1.18 percent over the previous 24 hours. The price of ripple was Rs 45.51, according to WazirX.
Solana Price Today
The price of solana was $20.64, down 4.45% from the previous day. According to WazirX, the price of SOL in India was Rs 1,830.50.