{"id":240,"date":"2022-02-21T03:37:37","date_gmt":"2022-02-21T03:37:37","guid":{"rendered":"https:\/\/solanacrypto.news\/2022\/02\/21\/bitcoin-falls-below-40000-while-dogecoin-shiba-inu-solana-gain-check-cryptocurrency-prices-today\/"},"modified":"2022-02-21T03:37:37","modified_gmt":"2022-02-21T03:37:37","slug":"bitcoin-falls-below-40000-while-dogecoin-shiba-inu-solana-gain-check-cryptocurrency-prices-today","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2022\/02\/21\/bitcoin-falls-below-40000-while-dogecoin-shiba-inu-solana-gain-check-cryptocurrency-prices-today\/","title":{"rendered":"Bitcoin falls below $40,000 while dogecoin, Shiba Inu, Solana gain. Check cryptocurrency prices today"},"content":{"rendered":"
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\tIn cryptocurrencies, Bitcoin was trading below the $40,000 level as the world’s largest and most popular cryptocurrency<\/a> declined more than 2% to $39,156. Bitcoin is down about 15% in 2022 (year-to-date or YTD) so far whereas, it is still over 40% far away from its record high of near $69,000 it hit in November 2021.<\/p>\n<\/div>\n

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\tEther, the coin linked to the ethereum blockchain and the second-largest cryptocurrency in terms of market capitalization, hovered below the $3,000 mark and was marginally lower \u00a0at $2,730. The global cryptocurrency market capitalisation today fell below the $2 trillion, as per CoinGecko, as it was down over 1.5% at $1.86 trillion.<\/p>\n

\tMeanwhile, Dogecoin price gained slightly to $0.14 whereas Shiba Inu also rose about a per cent to $0.000027. The performance of other coins were mixed as Solana, XRP, Terra prices were trading with gains over the last 24 hours, whereas Avalanche, Stellar, Cardano, Polygon, Polkadot declined.<\/p>\n

\tCryptocurrency prices have tumbled since reaching record highs in early November. The recent volatility in cryptos has come amid a broader market selloff driven by investors recalibrating their portfolios to account for a more aggressive Fed, which is now expected to raise rates as many as seven times this year as it fights surging inflation.<\/p>\n

\tVitalik Buterin, co-founder of the Ethereum blockchain during an interview with Bloomberg said the digital-asset universe may actually benefit from the current retreat in coin prices that\u2019s cast a chill on investors and is being referred to as another crypto winter.<\/p>\n

\t(With inputs from agencies)<\/i><\/p>\n

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