Cryptocurrency prices today, October 18: Bitcoin rises above $62,000, Ether slightly down – India Today - Kenya writes

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Cryptocurrency prices today, October 18: Bitcoin rises above $62,000, Ether slightly down – India Today

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Most of the cryptocurrency prices were trading in the red on Monday. However, Bitcoin and Dogecoin witnessed gains.

Bitcoin, the world’s largest cryptocurrency, was trading at $62,379, rising more than 2.5 per cent in the last 24 hours.

Ether, the coin linked to the Ethereum blockchain, was trading marginally lower at $3,872, dropping 0.91 per cent in the last 24 hours.

Most other altcoins were also trading on the red side, including XRP, Cardano and Litecoin.

The global crypto market cap inched up marginally, hovering near $2.5 trillion compared to last day.

However, the total crypto market volume eased 4 per cent to $87.71 billion.

Edul Patel, CEO and Co-founder of Mudrex, a global algorithm-based crypto investment platform, “The past 24 hours have been pretty interesting for the cryptocurrency market.”

“The largest crypto by market capitalisation surpassed the $62,000 mark. The daily price chart clearly showed the possibility of BTC forming a new all-time high. Over the coming days, we could likely witness most of the Altcoins making a large move on the upside,” Patel added.

Here are the latest prices and trends of popular cryptocurrencies:

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap

Volume (24 Hours)

Bitcoin

62,379.59

2.56%

$1.18 trillion

$1.10 billion

Ether

3,872.33

-0.91%

$454.64 billion

$868.93 million

Dogecoin

0.241537

1.81%

$31.78 billion

$1.48 billion

Litecoin

186.40

-0.58%

$12.82 billion

$58.41 million

XRP

1.10

-2.92%

$110.20 billion

$4.59 billion

Cardano

2.16

-0.81%

$70.17 billion

$136.21 million

DISCLAIMER: The cryptocurrency prices have been updated as of 12:50 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.



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