Crypto slump continues with Bitcoin, Ethereum, Solana, Dogecoin falling further

Dec 30, 2021

By: BI India Bureau

The overall crypto market is down by 3.46 percent in the last 24 hours

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According to analysts, the slump is likely to continue for a bit

The crypto market is currently adjusting to the uncertainty caused by the Omicron COVID-19 variant

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The bigger reason for the crypto slump is that people are simply cashing out

It’s the end of the year, and investors want to book profits after a stellar 2021

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Bitcoin is trading at ₹34 .7 lakh

The bellwether is has dipped by 3 percent since yesterday

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Ethereum is priced at ₹2.7 lakh

It’s down by 4.6 percent since yesterday

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Binance Coin is trading at ₹38,320

It has dipped by 4.4 percent in the last 24 hours

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Solana is priced at ₹12,588

The cryptocurrency has taken a hit of 5.9 percent over the course of the day

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Cardano is valued at ₹97.15

It’s down by more than 8 percent in the last 24 hours

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Ripple’s XRP is trading at ₹61.39

They cryptocurrency’s value has fallen by 4 percent since yesterday

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Terra’s LUNA token is trading at ₹6,103

It saw a similar dip of 4 percent since yesterday

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Polkadot is trading at ₹1,970

It took a bigger hit than the rest, with its value down by 8 percent in the last 24 hours

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Avalanche is priced at ₹7,344

It's the only leading player to take a double-digit fall of 10.4 percent since yesterday

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Dogecoin is trading at ₹12.59

Elon Musk’s favorite cryptocurrency is down by 4.6 percent in the last 24 hours

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Shiba Inu is trading at ₹0.0025

It’s down by 6.97 percent since yesterday

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Disclaimer

These are top cryptocurrencies by volume according to Coinbase | Crypto prices in rupees updated as of December 30, 9:00 am IST and may change over the course of the day.

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