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

Credit: Business Insider India

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

Credit: Business Insider India

Alongside Bitcoin, Ether is also showing signs of accumulation

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

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$1.2 billion worth of Ether was withdrawn within 24 hours from centralised exchanges on September 16

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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

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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

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Polkadot is down by 2.5 percent, currently worth $34.05

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

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

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

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Disclaimer

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

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