The cryptocurrency market saw some gains on Saturday morning as popular coins like Bitcoin (BTC) and Ethereum (ETH) climbed above the $22,000 and $1,500 marks. Other altcoins, such as Litecoin (LTC) and Dogecoin (DOGE) also experienced minor gains. Synthetix (SNX) token was the biggest winner of the day, having increased by 13.42 percent, while NEM (XEM) was the biggest loser.
At the time of writing, the total crypto market capitalization was $1.03 trillion, representing a 0.58 percent increase over the past 24 hours.
Bitcoin Price (BTC)
Data from CoinMarketCap indicated that Bitcoin had achieved a 0.11 percent gain in the last 24 hours, with its price reaching $22,356.68. It was being traded at Rs 19.50 lakhs on the Indian exchange WazirX.
Ethereum Price (ETH)
Ethereum experienced a 0.47 percent climb in the same time frame, with its price currently standing at $1,571.50. On WazirX, ETH was being traded for Rs 1.38 lakhs.
Dogecoin Price (DOGE)
Dogecoin saw a 2.22 percent rise in 24 hours, and was trading at $0.07673 at the time of writing. Its price in India was Rs 6.8000, according to WazirX.
Litecoin Price (LTC)
Litecoin saw a 1.68 percent increase during the same period, and was trading at $90.28. Its Indian equivalent was Rs 7,949.76.
Ripple Price (XRP)
Ripple’s XRP token had a 0.37 percent gain and was selling for $0.4718. In India, it was being traded for Rs 38.3500 on WazirX.
Cryptocurrency prices saw a mixture of performance today, with some of the most popular coins like Bitcoin and Ethereum making gains while NEM suffered the biggest losses.
XRP (XRP) was up 3.27 percent to $0.3757, while in India it was priced at Rs 32.6014. Solana (SOL) had a 2.32 percent increase, bringing the price to $21.35 and Rs 1,950.00 in India.
The top five crypto gainers in the last 24 hours, according to CoinMarketCap data, were Synthetix (SNX) with a 13.42 percent increase, EOS (EOS) at 12.70 percent, ImmutableX at 10.47 percent, Maker (MKR) with a 7.92 percent rise, and Tezos (XTZ) at 6.82 percent.
The biggest losers were NEM (XEM) with a 5.52 percent decrease, BitDAO (BIT) at 4.60 percent, Lido DAO (LDO) at 3.62 percent, DYDX (dYdX) with a 2.22 percent decline, and Frax Share (FXS) down 2.02 percent.
It is important to note that investments in cryptocurrencies and NFTs can be highly volatile and risky. Readers should always seek professional advice and carefully review the offer documents before making an investment. Market predictions should be viewed as speculative and any investment made is at the reader’s own risk.