Cryptocurrency Price: Bitcoin Falls Over $1000 In 24 Hours, Ether Also Lost Shine

 Cryptocurrency Price: Bitcoin Falls Over $1000 In 24 Hours, Ether Also Lost Shine

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 The volatility that has been going on in the cryptocurrency market since the beginning of the year continues in April as well.  On Saturday, where the cryptocurrency market had seen a boom after several days, it turned bearish once again on Sunday.  Most of the major tokens were trading lower in the 24-hours.

 Bitcoin, the world's largest cryptocurrency, was trading above $46,000 on Saturday but has fallen below nearly $1000 on Sunday.  According to Coin Market Cap, bitcoin was at a price level of $45,662 on Sunday morning.  The token was trading at $46,797 in the last 24 hours.

 If we look at the price in rupees, then the price of bitcoin was at the level of 35.83 lakhs while the second number token Ethereum was trading at Rs 2.67 lakhs by market cap.

 Altcoin status

 Tether was up 1.45 per cent at Rs 78 while Polkadot rose 3.7 per cent to Rs 1777.  Mim currency Dogecoin was down 2.04 percent at Rs 10.78, while Cardano was down 1.04 percent at Rs 89.94.

 Binance coin also saw a decline and this token was at the level of Rs 33,899 which was up by 2.37 percent in 24 hours.  The price of XRP fell by 0.69 per cent to Rs 63.90.

 Market cap remains above 2 trillion

 The global cryptocurrency market cap has also dropped.  It was at $2.12 trillion on Sunday morning, which is down 1.87 percent in 24 hours.  The total volume of the crypto market has also come to $110 billion in the last 24 hours.  It is down 15.78 percent compared to the previous day.  The total volume of stablecoins currently stands at $88.50 billion, which is 80.36 percent of the cryptocurrency market in the past 24 hours.

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