Cryptocurrency Update: Cryptocurrency prices remained under pressure on Monday, March 14, amid the war in Ukraine as Russian forces continued to invade the country. Bitcoin, the world’s largest cryptocurrency by market value, also fell on the day by a slight margin. As per data on global crypto tracking platform CoinMarketCap, Bitcoin price today stood at $38,503.02, down by 1.67 per cent in the last 24 hours. It must be noted in this regard that as the tension between Ukraine and Russia rise, analysts predict that the cryptocurrency may slide towards the key $30,000-mark.
Ethereum or Ether, the second most popular cryptocurrency in the global market, also fell by 0.73 per cent in the last 24 hours to stand at $2,568.89, according to data by CoinMarketCap. However, on a weekly basis, Ether rose by 1.70 per cent.
Bitcoin slid below $40,000-level towards the last week of February as the Ukraine-Russia conflict had intensified. On the other hand, gold price jumped to its highest level since June, last year. Analysts has mentioned that Bitcoin may tumble further to drop below $30,000 as traders is expected to favour gold now.
BNB $368.52 or 1.89 per cent loss in the last 24 hours
USD Coin $1 or 0.00 per cent gain/loss in the last 24 hours
XRP $0.7676 or 3.77 per cent loss in the last 24 hours
Terra $90.16 or 3.20 per cent gain in the last 24 hours
Cardano $0.8052 or 1.06 per cent gain in the last 24 hours
Solana $80.28 or 2.69 per cent loss in the last 24 hours
source https://duchonsigns.wordpress.com/2022/05/07/cryptocurrency-price-update-bitcoin-ether-xrp-drop-amid-russia-ukraine-war-full-list-2/
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