Bitcoin has witnessed a fall of around 7.21 per cent in the last 24 hours, while Ethereum has plunged by around 7.98 per cent over the same period.
The prices of top cryptocurrencies fell on November 16. Prices of the world’s biggest cryptocurrency Bitcoin (BTC) fell from $60,737.05, while the market value of Ethereum (ETH), the second-biggest cryptocurrency, fell from $4,318.50 at the time of filing the report at 9:30 am, according to data from cryptocurrency exchange Coinmarketcap.com.
Bitcoin has witnessed a fall of around 7.21 per cent in the last 24 hours, while ETH has plunged by around 7.98 per cent over the same period.
Binance Coin (BNB) came third and was trading at $612.38. It witnessed 6.34 per cent rise in the last 24 hours. Tether (USDT), at the fourth position, was trading at $1.00, at 9:30 am, with 0.022 per cent rise in the last 24 hours, according to Coinmarketcap.com. Solana (SOL) and Cardano (ADA) remained at the fifth and sixth positions, respectively.
“Solana-focused funds gained $9.8 million and seem to be getting stronger. These inflows are likely a result of a rise in the positive investor sentiment for ‘world computer’ coins, including Polkadot (DOT) and Ripple’s XRP,” says Gaurav Dahake, CEO and founder, Bitbns, a cryptocurrency platform.
Even though Ether fell 7.98 per cent over the last 24 hours, investments in funds focusing on Ethereum totaled $17 million, with the total AUM surpassing $21 billion for the first time, according to Bitbns.