Crypto Price Today 543x2g Bitcoin Price Fails to Break $26,000 Mark Despite Crypto Chart Showing Recoveries

The most valuable cryptocurrency, BTC was trading at the price point of $26,418 (roughly Rs. 21.7 lakh). 2q2i22

Written by Siddharth Suvarna | Updated: 24 August 2023 11:58 IST

Crypto Price Today: Bitcoin Price Fails to Break $26,000 Mark Despite Crypto Chart Showing Recoveries

Photo Credit: Unsplash/ Art Rachen r5a68

The crypto market valuation stands at $1.07 trillion as of August 24

Highlights

Near Protocol, Aave recorded gains
Tether, USD Coin ed losses
Cartesi, Ardor managed to mint profits

ment

Bitcoin and Ether, both recorded minor profits on Thursday, August 24 after days of seeing losses. Bitcoin reflected a gain of 0.98 percent, but it clearly did not bring about a notable change in Bitcoin's trading value. The most valuable cryptocurrency, BTC was trading at the price point of $26,418 (roughly Rs. 21.7 lakh) at the time of writing. It is however notable, that in the last 24 hours, BTC value did shoot up by $396 (roughly Rs. 32,655).

crypto price tracker. ETH, in the last 24 hours, rose by $43 (roughly Rs. 3,545) price wise.

“The crypto market has picked up in the last 24 hours. Bitcoin, in the last 24 hours, has ed gains after an extended downside movement in the past few days. Ether along with all the top ten cryptos by market capitalisation have traded in the green, in the last 24 hours,” Shubham Hudda, Senior Manager, CoinSwitch Markets Desk told Gadgets 360.

Web3 Telco World Mobile Launches Service in US, UK, Australia: Details

Polkadot reflected profits.

Small gains were also recorded by Chainlink.

In the last 24 hours, the overall crypto market valuation rose by 1.72 percent to touch the mark of $1.07 trillion (roughly Rs. 88,23,487 crore), showed CoinMarketCap.

Canara Bank Launches CBDC App Interoperable With UPI, s Highlight Issues

The crypto fear and greed index remains within the fear zone, it has jumped four points from yesterday to now stand at a score of 41/100.

A considerable number of cryptocurrencies did losses today.

These include Cosmos.

“In other news, Binance is seeing increasing rumours after losing multiple fiat gateways, first in the US and then supposedly in the EU. However, coincidentally with India's landing of Chandrayaan 3 on the moon, Binance has tied up with ‘MoonPay' in the United States to help people buy USDT seamlessly,” Hudda noted.

Is the Samsung Galaxy Z Flip 5 the best foldable phone you can buy in India right now? We discuss the company's new clamshell-style foldable handset on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

links may be automatically generated - see our ethics statement for details.

Cryptocurrency Prices across Indian exchanges

Comments

For the latest reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Circuits of Value

Radhika Parashar

Email Radhika

Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at [email protected]. More