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How the Prices in Cryptocurrency Market are Faring

How the Prices in Cryptocurrency Market are Faring
Author: Admin
11-Jan-2023

The bearish session turned its course. In the later months of 2020 to July 2021, many coins have witnessed a significant bull in the cryptocurrency market. On February 11, 2021, Bitcoin hit an all-time high with $49,000 per coin. The last three months of November - December 2020 and January 2021 showed that Bitcoin is up with 198 per cent. On April 13, 2021, Bitcoin was on the verge and set an all-time high price of $63,503.46 in history, and everyone was keener to know will the surge cross $1,00,000 per coin. 

Despite the Bitcoin market globally, other coins stole the attention of traders and cryptocurrency holders in 2021. Today, we are going to witness some of those coins and their percentage change. 

Note: The coins and the details mentioned here are as per the stats representing today (July 13, 2021). These stats do not assure with bulls to happen in the future. 

Stats of the Crypto Market

Major coins in the cryptocurrency market seemed to trade higher on Monday after a lack of enthusiasm on the weekends. The crypto market has shown a hike of 6 per cent than the previous day and eight out of the top 10 cryptocurrencies were trading higher. 

"It was a pretty silent weekend in the cryptocurrency markets. Major cryptocurrencies remained consolidated. Both, Bitcoin and Ethereum, have defended their crucial support levels. Crypto traders would be looking for any cues regarding the momentum in the markets," said Edul Patel, CEO and Co-founder, Mudrex.

"As long as the markets make a move on either side, traders would quickly jump on the bandwagon and tip the scales. Long-term investors would be pretty excited because of the consolidation seen in the past few days. Such consolidations generally pave the way for a quick pump and push the markets higher," he added.

Cryptocurrency Prices 

If we see in the table, the top 10 cryptocurrencies have seen a significant change in the middle of the year. As per the per cent change witnessed on July 13, 2021, it is much clear to announce that Cardano, XRP, Ethereum and Dogecoin are much likely to spike the interest of the traders in cryptocurrency market.

Source: The Economic Times

These top 10 cryptocurrencies have witnessed a significant change per cent vice. If you are planning to invest on a long-term basis then it would be a desired wait to see on which side the wind blows. 

 

 

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