Bitcoin Price Today Drops Below $46,000, Ether sees huge drop

Cardano was trading at USD 2.18, down 7.67 percent, the market cap of cardano stood at USD 70.138 billion

 

 

Bitcoin was trading at USD 46,154, fell 3.72 percent on Monday. The global market cap of the digital currency stood at USD 868.66 billion.

 

In a fresh round of positive news referring the virtual currency, the Blockchain-based music streaming platform Audius had raised in a strategic round of funding, a USD 5 million from few of the top names in the music industry.

 

Decrypt reported that global music industry's artist investors in Audius includes Katy Perry, Nas, The Chainsmokers through their Mantis VC, Jason Derulo, Pusha T, Steve Aoki, Linkin Park’s Mike Shinoda, and also the Disclosure.

 

On Monday, the rival currency of Bitcoin, Ether was trading in deep red at USD 3,231 fell 5.40 percent and its market cap stood at USD 380.17 billion.

 

Aside from Bitcoin and Ethereum, the digital currencies trading in the negative territory including were Cardano, Binance Coin, XRP, Sonala while,Tether, USD Coins saw some gains.

 

Cardano was trading at USD 2.18, down 7.67 percent, the market cap of cardano stood at USD 70.138 billion.

 

The global cryptocurrency market cap high at 6 percent to USD 2.02 trillion as against to the last day. While, the total digital currency market volume reached as much as 4 percent to USD 91.91 billion.

 

The total volume in DeFi is presently at USD 12.94 billion or 15.39 percent of the total virtual currency market 24-hour volume.

 

The volume of all stable coins is now USD 64.04 billion, that is 76.16 percent of the total digital currency market 24-hour volume.

India Scanner News Network

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