Dogecoin is back in the top 10 as crypto markets continue to see red

Dec 14, 2021

By: BI India Bureau

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The crypto market is bathing in red

The global crypto market value is down by nearly 5 percent at $2.1 trillion

The overall market sentiment remains shaky

Triggered by concerns over the Evergrande crisis, new COVID-19 variant and US Fed’s announcements

Bitcoin is trading at $46,958

Its value has fallen by 3.86 percent in the last 24 hours

The world’s oldest cryptocurrency is a far cry from $50,000

According to analysts, it’s time to readjust the expectations of Bitcoin hitting $100,000 this year

Ethereum is priced at $3,681

It’s down by 5.32 percent since yesterday

Dogecoin has had a turbulent 30 days

Slipping in and out of top 10 most valuable cryptocurrencies

Now, DOGE has made it back into the top ten at $0.1576

Overtaking Terra despite a dip of 4.8 percent in the last 24 hours

Binance Coin is trading at $524.41

The token is down by over 6 percent in the last 24 hours

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Solana, the ‘Ethereum Killer’, is priced at $154

Its value has taken a hit of 8.21 percent since yesterday

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Solana’s counterpart, Cardano, is trading at $1.22

It took a hit of 7 percent in the last 24 hours

Polkadot is priced at $26.28

It’s down by 10 percent in the last 24 hours

Disclaimer

These are top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of December 14, 9 am IST and may change over the course of the day.

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Bitcoin stays below $50,000, other cryptos lacklustre as uncertainty looms