Bitcoin, Ethereum remain in the red – even Terra, Polkadot and Avalanche take a knock in trade

Dec 28, 2021

By: BI India Bureau

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The crypto market remains flat

With Bitcoin and Ethereum in the red

According to analysts, the crypto roller coaster is likely to continue

Economic uncertainty over the Omicron COVID-19 variant is creating volatility across markets

Bitcoin is back below $50,000 at a price of $49,569

Ethereum has dipped below $4,000 and is trading at $3,947

Bitcoin and Ethereum have both fallen by over 3 percent in the last 24 hours

These leading cryptocurrencies have stalled after strong November

Binance Coin is stable at around $550

It’s only marginally in the green

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Solana is priced at $189.91

It’s down by 5.4 percent since yesterday

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Cardano is trading at $1.48

It’s up by one percent in the last 24 hours

Ripple’s XRP is in the red again at $0.89

The cryptocurrency fell by over 3.5 percent in the last 24 hours

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Even Terra’s LUNA token wasn’t able to duck the wave this time

The cryptocurrency is trading at $92.56, down by 8.49 percent since yesterday

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Meanwhile, Polkadot is trading at $29.47

It has slipped by 6.16 percent since yesterday

Avalanche is trading at $111.17

It’s down by 4.24 percent in the last 24 hours

Meme coins Dogecoin and Shiba Inu have seen a fall of around 5 percent

Dogecoin is trading at $0.1809 while Shiba Inu is poised at $0.00003676

Even Polygon’s MATIC is down by over 8 percent since yesterday

It’s currently trading at $2.64

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Disclaimer

These are top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of December 28, 9.30 am IST and may change over the course of the day.

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