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Thread: Cyptocurrency prices today: Bitcoin surges while ether, dogecoin slip. Latest rates

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    Default Cyptocurrency prices today: Bitcoin surges while ether, dogecoin slip. Latest rates

    Cryptocurrency prices today were mixed with Bitcoin trading above the $55,000 mark. The most popular and world's largest cryptocurrency by market capitalization surged more than 1% to $55,584. Bitcoin has advanced 15% in the past seven days.

    Other cryptocurrencies were performing mixed over the last 24 hours. Ether, the coin linked to ethereum blockchain and the second largest crypto, slipped 1% to $3,462. Cardano declined marginally to $2.22 whereas dogecoin prices tumbled 4% to $0.23. XRP, Shiba Inu gained while Litecoin, Uniswap plunged in the last 24 hours.

    “Bitcoin is easily the best performing asset of the top tokens over the past week, gaining almost 30%. With BTC crossing $55K, we could see the immediate support level at $53K and the next support level at $40K. Recently, JP Morgan said that institutional investors view Bitcoin as a better hedge against inflation than gold, suggesting that Bitcoin will hold or continue to increase in value in the future," said Siddharth Menon, COO of WazirX.

    Last edited by Resolve; 10-13-2021 at 12:19 PM.
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