The crypto market is stuck in a lul

Sep 20, 2021

By: BI India Bureau

Bitcoin continues to be caught in the tussle between the bulls and the bears

And, the whales continue to accumulate

However, the world’s oldest cryptocurrency is unable to break past $48,000 mark

Bitcoin price is currently $47,879, having dropped by around 1 percent in the last 24 hours

Alongside Bitcoin, Ether is also showing signs of accumulation

It's currently down by 3 percent, trading at $3,526

Credit: Canva

$1.2 billion worth of Ether was withdrawn within 24 hours from centralised exchanges on September 16

After a similar occurrence in April, Ether had rallied about 60% in 30 days

Credit: Canva

Cardano and Binance Coin are trailing by 3 percent as well

Cardano’s price is currently $2.41 and Binance Coin is valued at $417

Credit: Canva

Solana, which saw a solid rally until last week, is still correcting

The cryptocurrency is worth $145.27, which analysts predicting the dip to continue further

Credit: Canva

Polkadot is down by 2.5 percent, currently worth $34.05

Credit: Canva

Dogecoin is the only cryptocurrency in the top 10 that has increased its value over the last 24 hours

Credit: Canva

The meme-based token is up by 1.34 percent at $0.244

An improvement, but still far from its highs of $0.74

Credit: Canva


These are top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of September 20, 10 am IST and may change over the course of the day.

Credit: Canva

Vitalik Buterin created a 'fellowship of the ring' to build ethereum. But the founders have a history of feuds and are now competing for crypto dominance.