Bitcoin holds $21,500; Ethereum & Solana jump up to 3%

The bitcoin price at 5:03 pm IST on August 26 stood at $21,509. The popular cryptocurrency has gained almost 4 per cent in the last seven days. The daily trading volume of bitcoin stands at $37,056,314,718. The total crypto market cap was recorded at $1 trillion.”

As per the data provided by Coinmarketcap, the bitcoin price at 5:03 pm IST on August 26 stood at $21,509. The popular cryptocurrency has gained almost 4 per cent in the last seven days. The daily trading volume of bitcoin stands at $37,056,314,718. The total crypto market cap was recorded at $1 trillion.

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  • As per the data provided by Coinmarketcap, the bitcoin price at 5:03 pm IST on August 26 stood at $21,509.
  • The popular cryptocurrency has gained almost 4 per cent in the last seven days. The daily trading volume of bitcoin stands at $37,056,314,718.
  • The total crypto market cap was recorded at $1 trillion

As per a report published by Cointelegraph on August 24, it said that Bitcoin dominance is likely to fall below 51 percent once again due to uncertainty over the upcoming Bitcoin Cash hard fork later this year.

Ethereum is up more than 3 per cent in the last 24 hours and has witnessed a 13 per cent surge during the last seven days. It is currently trading above $427 after hitting an all-time high of $447 on February 20.

Jackson Hole Symposium is likely to be a key driver for the overall market direction in the short term with its focus on inflation, interest rates and future economic growth. Fed Chair Jerome Powell is scheduled to deliver his speech tomorrow amid mounting concerns over the bank’s plans for further stimulus measures to push inflation higher.

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Jackson Hole Symposium is likely to be a key driver for the overall market direction in the short term with its focus on inflation, interest rates and future economic growth. Fed Chair Jerome Powell is scheduled to deliver his speech tomorrow amid mounting concerns over the bank’s plans for further stimulus measures to push inflation higher.

The bitcoin price is holding steady above $21,000. The cryptocurrency has gained almost 4 per cent in the last seven days. The daily trading volume of bitcoin stands at $37,056,314,718.


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