Cryptocurrency prices today: Bitcoin, Ether rise marginally as overall market gains momentum

Cryptocurrency prices increased marginally over the past 24 hours due to the improvement in sentiment. Check out the latest cryptocurrency prices and trends.

Cryptocurrency prices rose slightly as market sentiment improved. (Photo: Reuters)

Cryptocurrency prices rose slightly in the last 24 hours as the major virtual currencies held around their closest support levels.

Bitcoin, the world's most popular cryptocurrency, was trading $ 57,041.30 or 1.17 percent higher than its price 24 hours ago at 5:15 p.m. Bitcoin's market capitalization hovered around $ 1.08 trillion and the trading volume for the last 24 hours was $ 1 billion.

Ether, the native token of the Ethereum platform, was trading at $ 4,600 or 1.91% higher than its price 24 hours ago. Ether's market capitalization increased to $ 540 billion and the 24-hour trading volume was $ 1.04 billion.

Read | Cryptocurrency prices today: Bitcoin and Ether prices weaken amid volatile trading

All other cryptocurrencies also rose slightly today due to the general improvement in sentiment. However, the cryptocurrency space remains volatile due to the growing threat from the new Omicron variant of the coronavirus.

Commenting on the momentum, Edul Patel, CEO and co-founder of Mudrex, a crypto investment platform based on global algorithms, โ€œIt was a typical session of limited range for the cryptocurrency market over the last 24 hours. Most of the major cryptocurrencies were hovering around their closest support levels. "

โ€œCardano retested the weekly support and jumped higher. Terra's Luna coin also posted double-digit gains. The next few days will likely remain within the range of the cryptocurrency spectrum. "

Here are the latest prices and trends for popular cryptocurrencies:

Cryptocurrency

Price (US dollar)

24 hour change

Market cap

Volume (24 hours)

Bitcoin

57,031.79

1.15%

$ 1.08 billion

$$ 1.00 billion

Ether

4,612.69

1.63%

$ 541.94 billion

$ 1.04 billion

Dogecoin

0.209658

-3.67%

$ 27.72 billion

$ 1.37 billion

Litecoin

206.80

1.23%

$$ 14.29 billion

$ 72.69 million

XRP

0.977197

0.73%

$ 97.71 billion

$ 2.80 billion

Cardano

1.67

0.52%

$ 54.75 billion

$ 354.88 million

DISCLAIMER: Cryptocurrency prices were updated at 5:30 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.

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