Several factors influence the prices of cryptocurrencies, one of the major factors currently is the conflicts between two countries – Russia and Ukraine. Ever since the war began, cryptocurrencies have hit rock bottom and observed a major downfall. But things seem to be settling…
The total crypto market cap observed a 1.82% increase over the past 24 hours reaching at USD 2.01 trillion. For the past few hours, the most popular cryptocurrency Bitcoin has observed a downfall of 1.67% in the past 7 days while the price of Ethereum increased by 1.2% over the past 7 days.
Here are the live prices of 5 top cryptocurrencies. Let’s do a quick overview of their prices.
8th April GMT 00:13 – on FintechZoom Cryptocurrencies Live Prices
Bitcoin (BTC)
The world’s first cryptocurrency Bitcoin after taking a major hit is currently standing at US$43,494.97 and observed 0.70% increase at the time of writing.
In the past 24 hours, the popular currency was high by 0.64% but it observed a decrease of 1.67%.
BTC is slowly gaining pace and is now in green giving hope to investors that it will soon rise to the top.
Ethereum (ETH)
After observing a major downfall, the popular currency is once again gaining its lost value. The second most popular cryptocurrency is going strong with an increase of 1.94% and trading volume of 17.175 billion at the time of writing.
ETH rose to 2.31% over the past 24 hours and 1.2% over the last 7 days.
Tether (USDT)
The current price of Tether is $1.00 USD with a trading volume of 63.255 billion. Tether has observed a 0.38% increase in the past 24 hours and 2% increase in the past 7 days. It is currently the third top cryptocurrency in terms of market capitalisation after BTC and ETH.
Binance (BNB)
Binance coin has become a popular cryptocurrency as it was introduced by Binance – a crypto exchange platform. At the time of writing, it is standing at the fourth biggest cryptocurrency in terms of market capitalization at USD 72.09 billion.
BNB is soaring high with a 3.88% increase at the moment. The previous stats have been impressive as it observed a 4.3% increase in the last 24 hours and 4.29% increase in the past 7 days.
USD Coin (USDC)
The fifth biggest cryptocurrency in terms of market capitalization is the USD coin, which is a stablecoin redeemable on a one-on-one basis for USD. Its current price is USD 0.99, with a low of -0.01%.
The USDC has observed no change in its price in the past 24 hours and 7 days. It is the fifth largest cryptocurrency in terms of market cap USD 51.372 billion.
Conclusion
The top cryptocurrencies have taken a major blow as the global crisis continues to aggregate. The all-time high Bitcoin and Ethereum have observed a major downfall ever since the war between Russia and Ukraine started. Many investors have lost billions of dollars but they are hoping to gain back once things get back to normal.
