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Cryptocurrency Prices Today on September 8: Bitcoin, Ether, Cardano tumbles by nearly 9%

Bitcoin's price is currently $46,309.44 and its dominance is currently 42.32 percent, an increase of 0.30 percent over the day.

September 08, 2021 / 07:15 PM IST
Bitcoin | Representative image

Bitcoin | Representative image

Cryptocurrency prices continue to be in the red on September 8. The global cryptocurrency market cap is $2.o5 trillion, a 10.25 percent decrease over the last day, while the total crypto market volume over the last 24 hours is $244.82 billion, which makes a 51.81 percent increase.

The volume of all stable coins is now $195.51 billion – 79.86 percent of the total crypto market 24-hour volume. Bitcoin's price is currently $46,309.44 and its dominance is currently 42.32 percent, an increase of 0.30 percent over the day.

This comes after El Salvador bought its first 200 bitcoins, President Nayib Bukele said on Monday, an announcement that sent the price of the cryptocurrency rising one day before the country formally adopts it as legal tender alongside the U.S. dollar.

Ahead of the launch, El Salvador bought 400 bitcoins worth around $20 million, Bukele said, helping drive the price of the currency above $52,000 for the first time since May. Hours later, however, bitcoin had weakened and last traded down 10.19% at $47,222.02.

As off 7.15 pm on September 8, these are the prices of 10 largest cryptocurrencies (data from https://coinmarketcap.com):

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[Input from Reuters]

 
S. No.NamePrice24h %7d %Market CapVolume(24h)Circulating Supply
1Bitcoin BTC$46,471.57-8.95%-2.26%$871,086,032,852

$66,167,262,904

 
18,810,118 BTC
2Ethereum ETH$3,416.07-9.40%-3.43%$400,485,872,443

$42,050,941,497

 
117,439,135 ETH
3Cardano ADA$2.40-9.49%-14.89%$76,944,081,690

$11,548,353,247

 
32,025,877,991 ADA
4Binance Coin BNB$413.73-12.39%-14.01%$69,525,947,675

$4,778,735,257

 
168,137,036 BNB
5Tether USDT$1.000.02%-0.00%$68,657,897,893

$169,855,420,670

 
68,625,377,886 USDT
6XRP XRP$1.09-15.67%-9.38%$50,629,285,620

$12,220,185,872

 
46,542,338,341 XRP
7Dogecoin DOGE$0.249-13.13%-11.52%$32,642,974,025

$5,824,149,487

 
131,200,542,911 DOGE
8USD Coin USDC$1.000.03%0.01%$28,441,127,764

$6,632,569,940

 
28,428,168,733 USDC
9Solana SOL$156.62-14.60%34.84%$46,108,107,422

$14,015,328,186

 
292,840,262 SOL
10Uniswap UNI$22.99-14.42%-22.93%$14,056,118,196

$1,335,282,683

 
611,643,724 UNI
 
Moneycontrol News
first published: Sep 8, 2021 08:27 am

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