Bitcoin, Ethereum and others on a slow road to recovery after a bloody weekend

Jan 24, 2022

By: BI India Bureau

Crypto crash over the weekend erased over $1 trillion in market value

Many leading coins saw losses in the double digits

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There are some signs of market recovery after the heavy sell-off

All eyes will be on the crucial US Fed meet this week

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Bitcoin is up 0.53 percent in the last 24 hours

It’s trading at ₹26.3 lakh

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Ethereum is up by 1.89 percent since yesterday

The cryptocurrency is currently priced at ₹1.82 lakh

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Binance Coin has recovered by 2.02 percent over the course of the day

It’s currently priced at ₹27,788

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Cardano is in the green by 0.74 percent

It’s currently trading at ₹8.08

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Terra’s LUNA token is up by 1.45 percent

It’s priced at ₹4,933

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Dogecoin is up by 1.78 percent

It’s trading at ₹10.35

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Avalanche has jumped 3.07 percent

It’s trading at ₹4,602

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However, not every cryptocurrency is in the green

Among the leading players, Polkadot and Solana continue to struggle

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Polkadot is down by 2.29 percent

It’s currently trading at ₹1,329

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Solana is down by 2.4 percent

It’s price is around ₹6,854

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Disclaimer

These are top cryptocurrencies by volume according to Coinbase | Crypto prices in rupees updated as of January 24, 9:00 am IST and may change over the course of the day.

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Global stocks rally even as Sensex, Nifty fall sharply on Friday