Cryptocurrency prices today: Bitcoin climbs above $57,000, Ether down slightly

Bitcoin climbed above $57,000 while several other cryptocurrencies were trading weaker on Tuesday. Check the latest cryptocurrency prices and trends.

Cryptocurrency prices were mixed on Tuesday, with Bitcoin trading above $57,000 mark.

Barring Bitcoin, a majority of cryptocurrency prices continued to trade lower on Tuesday with Solana, Ripple and Polkadot shedding up to 3 per cent each.

Adding nearly 1.5 per cent in the last 24 hours, Bitcoin, the world’s largest cryptocurrency, was trading above the $57,000 mark for the first time since May.

Meanwhile, Ether was trading at $3,509 or 0.29 per cent lower than its price 24 hours ago.

The global crypto market cap eased as much as a per cent to $2.30 trillion compared to the last day.

However, the total crypto market volume rose more than 7 per cent to $105.63 billion.

Edul Patel, CEO and Co-founder of Mudrex, a global algorithm-based crypto investment platform, said, “The euphoria in the crypto markets seems to continue. Over the past 24 hours, we saw the market giving steady returns while the major altcoins found solid support.”

“Bitcoin, which had an amazing rally for the past 1 week, has found its resistance levels. It is recommended to watch the markets closely, a breakout or a selloff might take place,” Patel added.

Here are the latest prices and trends of popular cryptocurrencies:

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap

Volume (24 Hours)

Bitcoin

57,436.16

1.34%

$1.08 trillion

$1.28 billion

Ether

3,502.68

-0.47%

$411.15 billion

$722.79 million

Dogecoin

0.225761

-4.04%

$26.69 billion

$1.26 billion

Litecoin

174.25

-4.01%

$11.98 billion

$79.50 million

XRP

1.10

-5.05%

$110.07 billion

$4.77 billion

Cardano

2.12

-4.57%

$68.66 billion

$215.17 million

DISCLAIMER: The cryptocurrency prices have been updated as of 12:10 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.

Click here for IndiaToday.in’s complete coverage of the coronavirus pandemic.