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Bitcoin Falls Back To The 21k Mark, Drops By 3.54%

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Bitcoin Price Today: After the SEC accused California-based Kraken crypto exchange of offering an unregistered crypto staking program, calling it a violation of the U.S. securities law, panic spread across the broader cryptocurrency market. This led to a fall in the prices of crypto.

As of writing, Bitcoin drops by 3.54% in the last 24 hours and falls back to the 21k mark.

The global crypto market cap stands at 1.02 trillion, a huge fall of 3.61% over the past day. However, the total crypto volume in the last 24 hours increased by 15.96% and stands at 73.95 billion USD.


Bitcoin (BTC) decreases by 3.54%

The world’s largest crypto, Bitcoin, is down by 3.54% which has taken the price of each BTC token back to 21,790 USD. The market cap for Bitcoin stands at 420.16 billion USD. Trading volume is by 6.24% over the last day. The dominance of Bitcoin has increased by 0.11% from yesterday and is at 41.42%.Bitcoin Price TodaySource: coinmarketcap

Also read: Crypto Crash Imminent?: Kraken Settles With SEC, Binance Halts US Dollar Transfers

In the last 24 hours, Bitcoin was as high as 22,770 USD and fell to as low as 21,754 USD. In the past week, the token was also trading for as high as 23,678 USD. This came as a great sign as 23,400 is the resistance mark for this crypto.

Price of Bitcoin in different countries:

BTC Price in India

Each BTC can be bought in Indian currency for INR 18,02,033.

BTC Price in Singapore

Por the people of Singapore, each BTC is currently costing 28,980 Singapore dollar.

BTC Price in Dubai

The price of each BTC in Dubai is 79,969 UAE Dirham.


Also read: Will SEC’s Crackdown on Crypto Staking Impact Coinbase? COIN Stock Down 14%

Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected] or tweet at Shourya_Jha7

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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