Cryptocurrency Prices Fall Today as Bitcoin, Ether Drop, Uniswap Gains

Ether, on the other hand, is the coin linked to the Ethereum blockchain and the second largest cryptocurrency, fell more than a percentage point to $1,358. Meanwhile, the price of Dogecoin is down 2% today to $0.06, while the Shiba Inu is down almost 3% to $0.0000011.

“Bitcoin has continued to trade in a narrow range over the past 24 hours. Despite BTC trading above the $20,000 level, it is still struggling to make a sharp move above its psychological threshold level. Markets BTC dominance in the U.S. has risen from 39% to 41% on Sept. 10. This indicates that market participants are choosing BTC over other cryptos. Ethereum was changing hands at the $1,350 level as bulls took a hit in prices. The decline in BTC and ETH values ​​is due to investors returning to a more macroeconomic vigilance, said Edul Patel, CEO and co-founder of Mudrex.

Avalanche, Binance USD, Polkadot, Cardano, Chainlink, Tether, Apcoin, Solana, Litecoin, XRP, Stellar, Terra, Polygon, Stellar prices in today’s performance of other crypto prices were trading with minor cuts in last 24 hours . Tron, Uniswap gain.

Global markets have plunged over the past few months as central banks around the world raised interest rates to curb rising inflation. Risk assets such as cryptocurrencies have been particularly hard hit as bearish fears mount.

Meanwhile, an already bad year for cryptocurrencies took another turn when nearly $100 million worth of Binance Coin was stolen, according to a Bloomberg report, in what appears to be the latest hack to hit the digital asset. Binance co-founder Changpeng “CZ” Zhao said on Twitter on Friday that there was an exploit on a bridge between the blockchain and the issue “now lies”. According to Bloomberg, crypto hacks caused nearly $2 billion in damages this year.

(with inputs from agencies)