Best cryptocurrency prices today: Bitcoin, Ether slip; Cardano, Solana earn up to 7%

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New Delhi: Major cryptocurrencies traded little on Thursday as investors continued to make profits in crypto juggernauts. With the exception of the new leaders in the digital space, the majority of the top 10 cryptocurrencies were in red at 9:30 am IST. Cardano and Solana climb up to 7 percent.

The global crypto market cap was close to the $ 1.89 trillion mark, down half a percent from the last day. However, the total crypto market volume plunged 15% to $ 107.76 billion.

“Market sentiment towards the asset has shifted, and the days of people saying Bitcoin could test $ 20,000 levels have shifted. Bitcoin has trended higher for 4 consecutive weeks and is on the point of experiencing its second monthly progression, ”Zebpay’s commercial office said.

The cryptocurrency defies criticism of claims that it is not environmentally friendly and is advancing even as regulators around the world pose a certain degree of risk and uncertainty, he added.

When Robinhood Markets Inc releases its quarterly financial results on Wednesday for the first time since its IPO, its retail shareholders want to know when cryptocurrency wallets will arrive and if they will get branded hoodies, according to Say Technologies.

In addition, Australian bitcoin miner Iris Energy said on Wednesday it had requested direct listing on the Nasdaq, at a time when digital currencies have gained popularity as investment assets and following an increase in their use to make payments.

Siddharth Menon, COO WazirX said that Among all the use cases that crypto has to offer, football clubs are placing bets on fan chips. Some of the recent federations to participate in this experiment are Arsenal and Manchester City, both in partnership with a Socios fan engagement platform.

“The global stock market, bonds and real estate market exceed around $ 300 trillion. We continue to monitor tokenization in DEFI, NFTs and now social tokens. This means a huge 100x opportunity for the industry. crypto and blockchain, ”he added.

Crypto Cart: Quick Glance (Source: coinmarketcap.com, data at 9:30 a.m., IST August 19, 2021)

Crypto Price% Change Bitcoin 44 $ 201.61 -2.29% Ethereum 2 $ 977.06 -2.54% Cardano $ 2.09 5.41% Binance Coin $ 393.16 -1.26% Tether 1 0.02% XRP $ 1.12 0.26% Dogecoin $ 0.2982 -0.81% USD Coin 1 0.02% Polkadot $ 23.85 -0.93% Solana $ 71.19 6.91% Note : Price change in the last 24 hours

Tech View by Giottus Cryptocurrency Exchange 1 inch is a Decentralized Exchange Aggregator (DEX), connecting multiple DEXs into a single platform to enable its users to find the most efficient exchange routes across all platforms. It was launched in August 2020 and quickly became one of the top 120 cryptocurrencies. Its native 1INCH token is based on the Ethereum blockchain.

Recently, the company announced a slew of exciting news, including the rollout of Ethereum Layer 2 solutions, $ 10 million airdrops, and NFTs. It is currently on an upward wedge which is technically a bearish pattern. Its indicators like MACD and RSI also support the temporary bearish structure

Agencies

The decline is compounded by the fact that Bitcoin is in the process of correcting. The 1INCH token is trading around $ 3.2 today and may find immediate support at $ 2.91 if it falls.

While short term price movements may not matter in the long term, they present opportunities to enter lower ranges. If the resistance of 1INCH is broken and the token closes above its trendline, it will remain bullish for a while, quickly testing its next resistance levels of $ 3.39 and $ 3.51.

Major Levels Support: $ 2.91, $ 2.62, $ 2.18 Resistance: $ 3.28, $ 3.39, $ 3.51

The time is in UTC and the daily time is 12:00 to 12:00 UTC

(The opinions and recommendations given in this section are those of the analysts and do not represent those of ETMarkets.com. Please consult your financial advisor before taking a position in the asset (s) mentioned.)

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