The Current State of Cryptocurrency Prices: Bitcoin and Ethereum Show Growth while NEM Plummets as the Most Significant Loser
Bitcoin and Ethereum reached above the $22,000 and $1,500 marks respectively on Saturday morning, with other popular altcoins such as Litecoin and Dogecoin also showing minor gains. Synthetix emerged as the biggest gainer with a 24-hour jump of 13.42%, while NEM was the biggest loser. The global crypto market cap stood at $1.03tn, with a 0.58% gain over the last 24 hours. At the time of writing, Bitcoin was priced at $22,356.68 while Ethereum was at $1,571.50. Dogecoin had gained 2.22%, Litecoin 1.68%, and Ripple 3.27%. The top five gainers over the last 24 hours were Synthetix, EOS, ImmutableX, Maker, and Tezos. The top five losers were NEM, BitDAO, Lido DAO, dYdX, and Frax Share. Readers were warned that crypto products and NFTs are unregulated and highly risky, with no regulatory recourse for any loss from such transactions, and cryptocurrency is not legal tender and subject to market risks. Cryptocurrency market predictions were speculative and any investment made was at the sole cost and risk of the reader.
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