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Cryptocurrency prices today: Bitcoin remains under pressure, Ether falls over 3%

Cryptocurrency prices today: Bitcoin remains under pressure, Ether falls over 3%

India Today
Friday, June 11, 2021 04:55:53 AM UTC

The cryptocurrency market is under pressure today with a sharp fall in the value of all most virtual currencies including Bitcoin and Ether. Check the latest prices and trends of popular cryptocurrencies.

The cryptocurrency market was under pressure on Friday after the International Monetary Fund (IMF) raised concerns about El Salvador’s decision to approve Bitcoin as legal tender. Cryptocurrency Price (US Dollar) 24-hour change Market cap (Billion) Volume (24 Hours) Bitcoin 36,778.34 -0.70% $688.92 $42.45 billion Ethereum (Ether) $2,466.60 -3.75% $286.72 $32.60 billion Dogecoin 0.325733 -4.23% $42.29 $2.66 billion Litecoin 170.83 0.32% $11.58 $1.49 million XRP (Ripple) 0.867857 -3.15% $86.78 $3.37 billion Cardano 1.53 -4.07% $49.25 The IMF has categorically said that the adoption of Bitcoin as legal tender raised a number of macroeconomic, financial and legal issues. “Adoption of bitcoin as legal tender raises a number of macroeconomic, financial and legal issues that require very careful analysis," said Gerry Rice, an IMF spokesman, during a scheduled press briefing.
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