Cryptocurrency Prices Today: Bitcoin down, Dogecoin biggest loser. All currencies in red

Bitcoin’s price is presently 41,484.59 Euro with a dominance of 41.42 percent. This is a 0.24 percent gain over the day

Cryptocurrencies were trading in the red on early  April 7. The global cryptocurrency market capitalization is $1.98 trillion, down 5.04% from the last day. The total cryptocurrency market volume in the last 24 hours is $120.40 billion, an increase of 9.15%.

The total volume in Defi is currently $15.22 billion, or 12.64% of the total 24-hour cryptocurrency market volume. The volume of all stablecoins is now $101.18 billion, or 84.04% of the total 24-hour volume of the cryptocurrency market.

The price of Bitcoin (BTC)is currently at Rs 34.43 lakh with a dominant position of 41.42%. This represents an increase of 0.24% over the day. All of the cryptocurrencies on our list were in the red, Cardano by (7.92%), Polkadot (6.36%), XRP (4.8 %), Ethereum (4,75 %), Bitcoin (4,37 %) Tether (0,26 %).

Meta abandoned its efforts to create a global cryptocurrency – formerly called Libra but eventually renamed Diem – in the face of fierce backlash from financial regulators around the world. However, founder and boss Mark Zuckerberg spoke about the importance of e-commerce and financial tools to his vision for an immersive online world called the Metaverse.

Products being considered at Meta include digital tokens equal to those used for transactions in video games, with the internet company’s version nicknamed “Zuck Bucks” by those operating on it, according to the Financial Times.

Bitcoin and Ethereum Reverse Gains, DOGE Outperforms

  • Bitcoin declined over 3% and tested at USD 45,000.
  • Ethereum is down 5%, XRP to remain higher than USD 0.80.
  • Doge gained virtually 7% and cleared the USD 0.160 leve

Bitcoin value struggled to remain higher than the USD 47,000 pivot level. BTC started a contemporary decline and listed below the USD 46,000 support. It’s presently down over 3% and is close to USD 45,200. Besides Bitcoin, maximum principal altcoins also are displaying bearish signs. ETH is down over 5% and there has been a pass underneath the USD 3,350 support. XRP may want to benefit from bearish momentum if it breaks the USD 0.80 support. ADA is likewise down 6% and there has been a pass underneath USD 1.15. 

Bitcoin price
After working to clear the USD 47,200 level, the Bitcoin price started a fresh decline. BTC declined below the USD 46,000 support level and even tried the USD 45,000 support status. The next main support is near USD 44,450, below which the price might expand its slide. In this situation, the bears might test the USD 43,200 support.

Ethereum

Ethereum price exceeds the USD 3,550 level and decreased over 5% breaking the USD 3,350 support. The price tested was surprisingly USD 3,275. It is now merging above USD 3,300. If there is a fresh decrease, the price may perhaps test USD 3,250 support. The next big support is near the USD 3,200 level. If we look at the bright side, the price may struggle near the USD 3,380 support level. The next main resistance might be near the USD 3,420 level, above which the price may perhaps increase to USD 3,500.

DOGE

Doge remained in a favorable zone above the USD 0.155 level. It is up almost 7% and the bulls pushed the price over USD 0.160. If they remain in action, the price might test at USD 0.165.