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Cryptocurrency latest: Bitcoin falls below $40,000, other alt coins in red

Cryptocurrency latest: Bitcoin falls below $40,000, other alt coins in red

India Today
Friday, March 11, 2022 05:39:14 AM UTC

The world's largest cryptocurrency, Bitcoin, was down by over three per cent to $38,593.50. Ethereum was down by over 2.5 per cent at $2,548.86.

Bitcoin's price on Friday fell below $40,000 as most other cryptocurrencies, including Ethereum, were trading in the red, according to coindesk.

The world's largest cryptocurrency, Bitcoin, was down by over three per cent to $38,593.50.

Ethereum was down by over 2.5 per cent at $2,548.86.

Other top altcoins by market capitalization also fell in the red zone.

XRP was down by 0.68 per cent, Solana fell by 2.82 per cent, Cardano fell by 2.18 per cent, Polkadot was 0.46 per cent, and Stellar was down by 4.69 per cent.

Dogecoin fell by 1.30 per cent, Polygon was down by 0.75 per cent, and Shiba Inu was down by over 3 per cent.

Meanwhile, the Indian crypto market saw an exodus of funds from foreign investors. India is one of the world's biggest crypto markets by trading volume and users.

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