Crypto slump continues with Bitcoin, Ethereum, Solana, Dogecoin falling further

Dec 30, 2021

By: BI India Bureau

Credit: Canva

The overall crypto market is down by 3.46 percent in the last 24 hours

Credit: Canva

According to analysts, the slump is likely to continue for a bit

The crypto market is currently adjusting to the uncertainty caused by the Omicron COVID-19 variant

Credit: Canva

The bigger reason for the crypto slump is that people are simply cashing out

It’s the end of the year, and investors want to book profits after a stellar 2021

Credit: Canva

Bitcoin is trading at ₹34 .7 lakh

The bellwether is has dipped by 3 percent since yesterday

Credit: Canva

Ethereum is priced at ₹2.7 lakh

It’s down by 4.6 percent since yesterday

Credit: Canva

Binance Coin is trading at ₹38,320

It has dipped by 4.4 percent in the last 24 hours

Credit: Canva

Solana is priced at ₹12,588

The cryptocurrency has taken a hit of 5.9 percent over the course of the day

Credit: Canva

Cardano is valued at ₹97.15

It’s down by more than 8 percent in the last 24 hours

Credit: Canva

Ripple’s XRP is trading at ₹61.39

They cryptocurrency’s value has fallen by 4 percent since yesterday

Credit: Canva

Terra’s LUNA token is trading at ₹6,103

It saw a similar dip of 4 percent since yesterday

Credit: Canva

Polkadot is trading at ₹1,970

It took a bigger hit than the rest, with its value down by 8 percent in the last 24 hours

Credit: Canva

Avalanche is priced at ₹7,344

It's the only leading player to take a double-digit fall of 10.4 percent since yesterday

Credit: Canva

Dogecoin is trading at ₹12.59

Elon Musk’s favorite cryptocurrency is down by 4.6 percent in the last 24 hours

Credit: Canva

Shiba Inu is trading at ₹0.0025

It’s down by 6.97 percent since yesterday

Credit: Canva

Disclaimer

These are top cryptocurrencies by volume according to Coinbase | Crypto prices in rupees updated as of December 30, 9:00 am IST and may change over the course of the day.

Credit: Canva

Bitcoin, Ethereum, Shiba Inu rake up losses with the crypto dip showing no signs of slowing down