Bitcoin price dips to $60,000 as the crypto market corrects

Oct 27, 2021

By: BI India Bureau

The global crypto market cap is down by 2.03 percent

Its value flat at $2.57 trillion

Credit: Business Insider India

But that doesn’t mean the market is without activity

The total crypto market volume over the last 24 hours 15.75 percent higher than yesterday at $112.7 billion

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Bitcoin is struggling to stay above $60,000

The cryptocurrency’s price is down by 3.25 percent settling at $60,702

Credit: Business Insider India

Ethereum is barely feeling the brunt as well with a dip of 0.53 percent

But, the cryptocurrency is resting comfortably at $4,218 — above the $4,000 support level

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Binance Coin has hardly moved in the last 24 hours or the last 7 days

With its price at $482.97, the cryptocurrency is down by 0.75 percent since yesterday and 0.46 percent as compared to last week

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Cardano’s at $2.15 apiece

It’s market price has dipped by 1.56 percent in the last 24 hours

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After bucking the doldrums all week, Solana’s taken a hit of 2.45 percent

It’s value remains above $200 at $203.19

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Ripple’s XRP is at $1.12

It’s down by a marginal 0.17 percent in the last 24 hours

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Polkadot is the only cryptocurrency in the top 10 currently in the green

At a price of $44.76, its value has increased by 1.58 percent in the last 24 hours

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Dogecoin is at $0.2578

Rallying after tech billionaire Elon Musk’s comments, the meme coin is now down by 2.89 percent

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These are the top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of October 27, 9 am IST and may change over the course of the day

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