New Delhi: The cryptocurrency market was a mixed bag today, with different digital currencies registering spike & downfall. Ethereum fell over 2% on Saturday.
During day time, Ethereum was trading above $3,400 i.e over Rs 2.5 lakh. Ether has shown a large monthly surge of 35.7% in August 2021 and has gained 379% this year.
Ether, the coin under Ethereum blockchain declined marginally to $3,573.8. Meanwhile, Bitcoin has shown an increase of 0.90% in the trading market. In August this year, Bitcoin increased over 18%, with over 65% this year.
In last 24 hours, the prices of Polkadot and Dogecoin increased by 4.66% and 2.14% respectively.
According to the data provided by CoinMarketCap, the total market capitalisation of the global cryptocurrency has declined 1.71% throughout the previous day to $2.13 trillion.
A report by digital asset data provider CryptoCompare showed that Binance Holdings Ltd, the world’s largest cryptocurrency exchange operator witnessed increase of 65% trading volumes on its platform on monthly basis in August 2021.
In the world of cryptocurrency, Ethereum secures second most popular position after Bitcoin. Ethereum has gained popularity over the years. The users of this crypto build applications that “run” on blockchains just like software runs on the computer.
