Cryptocurrency prices today: Bitcoin falls below $56,000, Ether falls over 4%

Cryptocurrency prices fell sharply over the past 24 hours due to continued profit booking by investors. Check the latest cryptocurrency prices and trends.

Cryptocurrency prices fell sharply as volatility remained high over the past 24 hours. The entire cryptocurrency market has witnessed a dip over the past week due to higher profit booking by investors. Cryptocurrency Price (US Dollar) 24-hour change Market cap Volume (24 Hours) Bitcoin 56,001.80 -6.33% $1.06 trillion $2.82 billion Ether 4,054.81 -4.61% $475.96 billion $1.80 Billion Dogecoin 0.221279 -5.37% $29.21 billion $1.78 billion Litecoin 204.19 -7.38% $14.09 billion $199.05 million XRP 1.04 -5.93% $104.01 billion $4.30 billion Cardano 1.79 -3.21% $58.71 billion $325.73 million

Bitcoin, the world's most popular cryptocurrency, was trading below $56,000 or over 6 per cent lower than its price 24 hours ago at 1:10 pm. The virtual coin’s market capitalisation dropped to $1.06 trillion and the 24-hour trading volume rose to $2.84 billion.