Bitcoin after tumbling down due to the Chinese ban on cryptocurrency on 24th September 2021, gained over 4.55% in the last 24 hours. It is currently trading at $44,211. The total market cap of Bitcoin is at $827 billion.
Ethereum also recovered swiping 9.63% in the past 24 hours after a major dip. At present Ethereum price is $3137. However, Ethereum on an average of 7 days is down by 2.36%.
Major cryptocurrencies like Cardano, Solana, Polkadot and Binance coin have surged up. Polkadot and Solana prices have increased by 2.75% and 5.97% respectively. At the time of writing Binance coin is valued at $353.23 with a 2.96% increase from the previous day. Today, Cardano is at $2.25 with a 2.75% increase in the last 7 days.
The global crypto market has increased by 5.34% over the last day. With a total crypto volume of $113.77 billion in the past 24 hours, the global crypto market cap is at $1.95 Trillion.
The crypto market last week was down because of China’s anti-crypto agenda and U.S Federal Reserve “putting taper in motion”. However, the crypto market right now is in good shape and recovering from the loss.
Emurgo, in the Cardano Summit 2021, announced to invest a total of $100 million to boost Blockchain developments. The investment will go in to amplify Decentralized Finance (Defi), NFTs and Blockchain education efforts. Emurgo is the commercial and ventures firm of Cardano. The Cardano summit 2021 was held on 25th and 26th September 2021.
(All the prices and data are taken from coinmarketcap.com as of 27th September 2021 at 00:01 Time in Chicago, Central Time Zone (GMT-5).)
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