Bitcoin on 28th September 2021 is at $42,651. After crossing the $44k mark yesterday it failed to jump to the much anticipated $45k level. In the last 24 hours, BTC is down by 3.51%.
The crypto market saw Ethereum falling again below the $3000 mark. At present, it is valued at $2956. The world’s largest cryptocurrency went downhill by 5.73%.
The top cryptocurrency which was slowly surging up is again down by a considerable percentage. Cardano at the time of writing is at $2.16 with a 4.08% decrease in its prices. Binance coin price also lagged by 4.21%. Polkadot and Solana prices have decreased by 6.16% and 1.69% respectively.
Crypto prices recovered on 27Th September 2021 after the Chinese ban caused the dip last week. But the crypto market is again witnessing an overall drop in the major cryptocurrencies. The global crypto market is down by 3.12% from its previous day. With a total crypto market volume of $97.98 billion in the last 24 hours, the global crypto market cap is at $1.89 trillion.
China’s anti-crypto agenda promoted the growth of decentralized exchange (DEX) environment. Uniswap that is UNI tokens were most benefited from China’s crackdown on crypto. The Uniswap DEX token’s prices surged up to 50% in 24 hours after China announced the crypto ban.
(All the prices and data are taken from coinmarketcap.com as of 28th September 2021 at 00:01 Time in Chicago, Central Time Zone (GMT-5))