Prices of almost all major cryptocurrencies, including Bitcoin (BTC), Binance Coin (BNB), Dogecoin (DOGE) and Shiba Inu (SHIB), were trading with heavy losses on Tuesday
Bitcoin was up by 0.81 per cent, while DOGE was up by 7 per cent and Shiba Inu by 2.93 per cent, according to Coinmarketcap data.
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Bitcoin was up by 2.53 per cent at $43,647.79, while SHIB was up by 14.58 per cent at $0.00003175, as per coinmarketcap data.
Binance Coin (BNB) rallied by 7.05 per cent to $459.05, while Shiba Hunter emerged as the top gainer on Wednesday, according to Coinmarketcap data.
Low prices attracted buyers; Bitcoin fell below the $40,000 mark briefly but managed to recover slightly at $42,000, shows coinmarketcap data as of 8.55 am.
Prices of Bitcoin were down by 0.16 per cent, while SHIB was up by 0.67 per cent, according to Coinmarketcap data.
Crypto traders burned their hands trying to buy in the dip; Bitcoin down by 1.38 per cent at $$41,759.24; SHIB up by 0.54 per cent at $0.00002952, showed coinmarketcap data.
Major crypto coins, including Bitcoin, Ethereum, Dige and Shiba Inu, slide ahead of the proposed interest rate hike by the US Fed.
After falling below the $46,000 level, Bitcoin later managed to recover slightly to trade at $46,064.18, down by 2 per cent in the last 24 hours, according to Coinmarketcap data.
Bitcoin (BTC) was trading at $46,862.24, down 3.19 per cent, according to Coinmarketcap.com. Shiba Inu launches beta version of its Decentralized Autonomous Organization.
Shiba Inu’s prospects for 2022 look good, according to data from website CryptoPredictions. Binance Coin is predicted to be range-bound in the new year.
Bitcoin (BTC) prices continued to trade lower, down 0.26 per cent at $46,817.93. Meme coins Dogecoin (DOGE) was trading with a loss of 0.71 per cent, while rival Shiba Inu (SHIB) was down 0.82 per cent, according to Coinmarketcap.com
Bitcoin records moderate gain of 0.74 per cent to trade at $47,045.21, while Ethereum (ETH) was up by 1.66 per cent at $3,716.96, according to Coinmarketcap.com data
Shiba Inu’s popularity has surpassed the popularity of Bitcoin in 2021, despite Shib Army demanding for its burn for a few times.
BTC was trading below $47,000, down 3.16 per cent, while DOGE was trading at a loss of 4.44 per cent and SHIB fell 6.07 per cent, according to coinmarketcap data
The Shiba Inu coin burning exercise is expected to reduce the supply of the coin, which may help its price go up.
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