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The Worth of Different Cryptocurrencies Plunge Today – Check The Latest Prices

Recently Bitcoin has been going through the most significant update on Sunday, which allows its blockchain to execute complicated transactions in a fraction of seconds. As a result, the worth of Bitcoin plunged on 16th November below the mark of $63000. 

Bitcoin is the world’s largest & popular Cryptocurrency as per market capitalization that plunged more than 6% and reached $62054. Recently, such fantastic Cryptocurrency hit a high record of approximately $69,000, up approximately 114% in 2021, benefiting early investors. Thus, Bitcoin is performing exceptionally well despite volatility. However, these kinds of cryptocurrencies can do better. 

Suppose you are also thinking of buying Bitcoin or any other Cryptocurrency. In that case, you can quickly start with the official trading software , which is considered one of the great Cryptocurrency exchanges that offer lots of benefits to investors. However, if you want to know the price of Dogecoin, Ethereum, Shiba Inu and other cryptocurrencies, you should read the following important article carefully.

Dogecoin

The worth of Dogecoin fell by approximately 4% and reached $0.25%; however, Shiba inu price also decreased by 2% to $0.000051. Furthermore, the performance of several cryptocurrencies like XRP, Litecoin, Stellar, Uniswap, Polkadot & Solana is also trading with few ups and downs over the last 24 hours. Therefore, make sure you pay close attention to price fluctuation and make a genuine decision. In the last few months, the Cryptocurrency market is continually experiencing lots of fluctuations. 

Recently, Bitcoin went through the most significant upgrade on Sunday, which allowed its blockchain to execute the more complicated transactions. It is continually widening the widespread use of virtual currency. It is already making it a bit more competitive with Ethereum to process several necessary intelligent contracts. The taproot will be the most significant change to the protocol of Bitcoin. The ride of Bitcoin is a little bit volatile because the worth of such Cryptocurrency plunged below $30000 in June. Elon Musk has already criticized such Cryptocurrency for their higher consumption of energy & crackdown of China’s Cryptocurrency. As a result, the market cap of the cryptocurrency market has declined by 7%. On the other hand, the crypto market volume zoomed more than 33% and reached $116.56 Billion.

Indian Government

Recently, the Indian Government has announced that they are legalizing the use of Cryptocurrency; that’s why the investment of Indians in the Cryptocurrency market has already grown from approximately $200 Million to $40 billion in the last year. According to professionals, Bitcoin has been highly volatile in the last few days. Ethereum is continually facing similar action of price.  The Government will indeed introduce a specific bill on cryptocurrencies in the session of the winter of Parliament beginning 29th November. It would be pretty challenging to find any regulations or any ban on the use of cryptocurrencies in a specific country.

Solana

The worth of Solana increased by 5% to %229.85; however, various cryptocurrencies are out there like Litecoin, Stellar, XRP, Polkadot, Cardano, and other cryptocurrencies are continually trading with few cuts in the last 24 hours. Bitcoin is going through lots of fluctuations. Such Cryptocurrency has been completely volatile in the last year. The dominance of Bitcoin increased by 0.06% on 16th November. Today, cryptocurrencies are going to be red on 16th November. The global Cryptocurrency market cap has decreased by 6.24% over the last day. If any investor wants to invest money in any Cryptocurrency, you should analyze its fluctuations that will help you make a wise decision.

Ethereum

Ethereum has become the second most expensive Cryptocurrency according to the market cap that is directly linked to the blockchain. Such Cryptocurrency also declined by approximately 6% and reached $4400. In the last few days, Ethereum has been trading an all-time high that is continually catching up with the rally of Bitcoin’s. Few cryptocurrencies are continually experiencing lots of ups and downs.

In addition, 2021 is considered an ultimate year for Cryptocurrency investors & Bitcoin is performing exceptionally well. Ethereum and Bitcoin both are the most prominent players in the world of Cryptocurrency that can easily be a great bet. Lots of fast-growing cryptocurrencies are out there where you can easily invest money. However, few entry-level cryptocurrencies are continually attracting a significant number of investors.