The crypto market is struggling to break above the $2 trillion mark

Sep 24, 2021

By: BI India Bureau

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The crypto market is in the green...

It’s up by 1.03 percent, but still under the $2 trillion market cap

The US Fed announced that they may start cutting back on bond purchases…

While China is preparing for Evergrande’s downfall

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Bitcoin is at $44,422

The cryptocurrency is up by 1.53 percent over the last 24 hours

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Bitcoin managed to cross the $45,000 temporarily

This was after Twitter announced that it will allow all users to send and receive tips in Bitcoin

Ethereum is priced at $3,095.47

It is up by half a percent in the last 24 hours

Investors are backing Ethereum in the long run

According to JPMorgan, big investors are dumping Bitcoin futures and pivoting to Ethereum

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Cardano is at $2.29

The cryptocurrency has risen by 2.11 percent since yesterday

According to founder Charles Hoskinson…

Cardano is set to hit $10 by the end of the year

Binance Coin is at $375.96

It has dipped by 0.20 percent over the course of a day, but is down 10.87 percent on a weekly basis

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XRP is back down to below $1

Trading at $0.987, the controversial cryptocurrency has dipped by 1.37 percent since yesterday

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Ethereum competitor, Solana, is at $145.76

It’s down by 1.83 percent in the last 24 hours

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Polkadot is valued at $32.20

The DOT token is up by 2.23% since yesterday

Dogecoin, holding on to it’s 10th position in the charts, is currently at $0.2337

It is down by 0.60 percent

Elon Musk believes transaction fees need to drop for Doge to become a viable form of payment

His tweet came after AMC’s CEO announced that movie-chain may accept Dogecoin for ticket payments

Disclaimer

These are top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of September 24, 9 am IST and may change over the course of the day

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The crypto market is climbing its way back to $2 trillion