Crytocurrency prices today: Bitcoin, Ether fall over 7%; other altcoins plunge

Cryptocurrency prices plunged over the past 24 hours due to heavy profit booking by investors. Check the latest cryptocurrency prices and trends.

Cryptocurrency prices plunged sharply on Tuesday due to a sharp rise in volatility, triggered by profit booking over the past 24 hours. However, a majority of investors remain optimistic about the future of virtual coins. Cryptocurrency Price (US Dollar) 24-hour change Market cap Volume (24 Hours) Bitcoin 61,251.92 -7.01% $1.16 trillion $1.67 billion Ether 4,355.83 -7.46% $511.62 billion $1.47 Billion Dogecoin 0.248589 -5.79% $32.81 billion $1.26 billion Litecoin 247.35 -10.94% $17.06 billion $191.88 million XRP 1.13 -6.87% $112.90 billion $3.57 billion Cardano 1.95 -5.23% $64.07 billion $226.17 million

Bitcoin, the world’s largest cryptocurrency, was trading just above $61,100 or over 7 per cent lower than its value 24 hours ago at 10:45 am. Its market capitalisation fell to $1.15 trillion and the trading volume in the past 24 hours was $1.67 billion. Bitcoin’s value has fallen almost over $5,000 compared to yesterday.