Cryptocurrency prices: Bitcoin slips while Ether, Dogecoin and Shiba Inu gain
Today’s cryptocurrency values were inconsistent, with Bitcoin trading under the $23,000 ceiling. The price of Bitcoin, the biggest and most well-known cryptocurrency, was down about 1% at $22,971. According to CoinGecko, the global crypto market valuation today exceeded $1 trillion after being nearly unchanged over the previous 24 hours at $1.12 trillion.
The second-largest cryptocurrency, Ether, which is connected to the Ethereum blockchain, increased a little to $1,657. Shiba Inu climbed 0.5 percent to $0.000012, while Dogecoin’s price was trading more than 1% higher at $0.06.
The performance of other cryptocurrencies today was varied, with XRP, Solana, BNB, Litecoin, Chainlink, Tether, Polkadot, Tron, Avalanche, Uniswap, and Polygon prices moving up over the previous day while Stellar and Apecoin prices decreased.
Two new futures products from one of the top derivatives exchange owners in the world are entering the bitcoin industry. On August 29, 2022, CME Group Inc. will launch Bitcoin and Ether Euro futures. CME Group and Cboe Global Markets Inc., which declared ambitions to enter the Bitcoin futures market earlier than CME, control the majority of the cryptocurrency futures market.
Voyager Digital Holdings Inc., a cryptocurrency company, has been permitted by the U.S. Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.
During the COVID-19 epidemic, cryptocurrency lenders like Voyager saw a surge in business, luring depositors with high-interest rates and convenient access to loans that conventional banks seldom ever gave. Lenders have suffered from the recent decline in cryptocurrency markets, which was brought on by the failure of two significant tokens in May.
