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Crypto prices today 27 Dec 2023: Bitcoin & Ethereum fall by 2.73% & 2.20% respectively

On Wednesday, the value of top cryptocurrencies recorded a loss. The global crypto market decreased by 2.36 percent to stand at $1.64 trillion.

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Crypto price today on 27 Dec 2023: Bitcoin & Ethereum fallscryptocurrency
Crypto price today on 27 Dec 2023: Bitcoin & Ethereum falls
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New Delhi, UPDATED: Dec 27, 2023 10:49 IST

Highlights

  • Bitcoin slipped by 2.73% to stand at $42,301.11
  • Memecoins negative performance

Bitcoin, the world's largest cryptocurrency, dipped by 2.73 percent to $42,301.11 over the past 24 hours. Ethereum, the second-largest cryptocurrency, plunged by 2.20 percent to $2,222.63.

The total trading volume witnessed an increase of 30.54 percent, reaching $82.54 billion. However, the global crypto market cap decreased by 2.36 percent to reach $1.64 trillion.

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Top gainers and losers

Mina, Sei, and Astar emerged as the top gainers today, with their prices surging by 19.93 percent, 17.11 percent, and 15.90 percent, respectively. On the other hand, Bonk, ORDI, and SATS were among the top losers, with their values dropping by 15.19 percent, 12.94 percent, and 12.64 percent, respectively.

Memecoins slips

Today, most of the popular memecoins displayed negative trends, Elon Musk’s favourite Dogecoin decreased by 3.62 percent. Other popular memecoins like Shiba Inu, Pepe, Floki and Memecoin experienced a loss in their value with their prices decreased by 4.59 percent, 7.43 percent, 7.95 percent and 9.58 percent, respectively.

Metaverse tokens negative performance

Metaverse tokens exhibited a negative performance today. Internet Computer, The Sandbox, Theta Network, and Axie Infinity saw their prices decrease by 8.25 percent, 9.29 percent, 4.39 percent, and 9.45 percent, respectively. However, Stacks, Render, Treasure, LUKSO etc. recorded an incline in their value, indicating a divergence in investor sentiment within the metaverse sector.

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Published on: Dec 27, 2023 10:49 ISTPosted by: girish anshul, Dec 27, 2023 10:49 IST

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