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Cryptocurrency prices today: Bitcoin nears $45,000, Ethereum rises over 3%

Cryptocurrency prices today: Bitcoin nears $45,000, Ethereum rises over 3%

India Today
Tuesday, May 18, 2021 04:26:49 AM UTC

Popular cryptocurrencies are trading higher after remaining weak on Monday. Bitcoin, the world's most popular cryptocurrency, is inching closer to $45,000. Check out the prices and trends of six popular cryptocurrencies.

Popular cryptocurrency prices were trading marginally higher on Tuesday after the weakness observed over the weekend and on Monday. Bitcoin, the world’s most popular cryptocurrency, was seen closing in on the $45,000-mark. 24-hour change Market cap (Billion) Volume Bitcoin was trading at $44,920.05 or 3.25 per cent higher at around 9 am. While Bitcoin price was hit over the weekend, it seems to be staging a marginal recovery. The future of the most popular cryptocurrency, however, remains uncertain. A Reuters report indicated that Bitcoin outflows hit record outflows last week as investors diversified into cryptocurrency assets. The report suggested that outflow for Bitcoin products and funds totalled $98 million or 0.2 per cent of total assets under management.
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