Crypto market update: BTC lingers around $43,000 mark

The two leading cryptos bitcoin and ethereum are both down today

Tokens representing bitcoin stand on edge surrounded by more golden coins                                 
Bitcoin is hovering around the £43,000 mark – Photo:Shutterstock
                                

The price of bitcoin (BTC) ended yesterday on $43,019 after falling 8.98% during the day, according to Currency.com. The leading cryptocurrency price is now up slightly to $43,116. Over the weekend at its highest, BTC was priced at $48,305.

The volume of BTC has increased by 48.81% over the past 24 hours. Six out of the top 10 cryptocurrencies are down on CoinMarketCap, with BTC down by 4.03%.  

Ethereum (ETH) is down by 1.97% to $3,081, with the stablecoin tether (USDT) up by 0.03% but remains at $1. Cardano (ADA) is up by 0.13% to $2.15.

Binance Coin (BNB) is down by 3.35% to $371, and ripple (XRP) is also down by 1.64% to $0.95. Dogecoin (DOGE) is down as well by 3.80% to $0.21.  

Biggest risers and fallers

The biggest riser of the day is OMG Network (OMG), which was up by 27.02% to $10.94. According to CoinMarketCap, OMG “formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain”.

The second-biggest riser of the day is Celo (CELO), which rose by 17.68% to $7.08. CELO as CoinMarketCap describes is a “blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users”.

The third-biggest riser of the day is Harmony (ONE) which is up by 4.01% to $0.14. CoinMarketCap states ONE is “a blockchain platform designed to facilitate the creation and use of decentralised applications (DApps)”.

Decred (DCR) is the biggest faller of the day, dropping by 8.98% to $118.75. DCR “is a blockchain-based cryptocurrency launched in February 2016” according to CoinMarketCap.

The second-biggest faller of the day is Cosmos (ATOM), which has dropped by 8.21% to $36.64. CoinMarketCap states: “ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.”

The third-biggest drop of the day is Huobi Token (HT) which has fallen by 7.96% to $12.32. CoinMarketCap states HT “is the native token of the cryptocurrency exchange Huobi Global. It is a decentralised digital asset based on the Ethereum blockchain”.

All prices were correct today (Tuesday 21 September) as of 10.53 BST (UTC +1).

Bitcoin to US Dollar
Daily change
62135.9
Low: 59808
High: 62361.4

Further reading: Crypto market update: Total cryptocurrency market cap falls below $2trn

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