March 6 Cryptocurrency Prices in India: Check Global Market Cap of Bitcoin (BTC), Ethereum, Doge, Solana, Litecoin, Maker – Which Ones are the Gainers and Losers?
Bitcoin, along with other cryptocurrencies such as Ethereum, Dogecoin, Ripple, Solana, and Litecoin, suffered losses over the weekend and on Monday morning, with only Maker tokens showing a 24-hour jump of over 6%. The global crypto market cap stood at $1.02tn, with Bitcoin standing at $22,405.68 and Ethereum at $1,562.37 at the time of writing. Dogecoin was currently trading at $0.07407, Litecoin at $89.07, and Ripple at $0.3658. SingularityNET became the biggest loser, seeing a 7.98% 24-hour loss, while Maker tokens showed a 6.15% gain. The market is closely watching the current state, which seems to be at a crucial turning point with the potential of the Chinese economic data release this week providing positive news for investors. However, there are concerns relating to Bitcoin’s value fluctuating below previously established support levels for some days. The market is also still recovering from the Silvergate cryptocurrency failure, and if the fallout does not result in broader contagion, there may be a gradual recovery in digital assets across the board. Nevertheless, the overall crypto market cap is still holding above $1tn. Investors are advised to seek expert advice and read relevant literature before making any investment, as cryptocurrency remains unregulated, speculative and carries high market risks.