Crypto Costs Combined At present: Bitcoin Down, ShibaInu Up Over 17% – Goodreturns

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oi-Roshni Agarwal

| Published: Wednesday, April 13, 2022, 12:46 [IST]

Crypto prices in today’s session have been trading mixed with bitcoin down by a tad while meme coin Shiba Inu has been seen gaining aggressively by more than 17%. The gains or some stabilization is after the stakeholders have bought the dip in the digital tokens.

Crypto Prices Mixed Today: Bitcoin Down, ShibaInu Up Over 17%

The major cryptos in the green of the top 20 assets list compiled by Coindesk as of writing this copy at 11:52 am are Ethereum, Ripple, Terra, Solana, Cardano, Polkadot, Stellar, Dogecoin, Polygon, Chainlink, ShibaInu, Internet Computer , Litecoin, Cosmos, Algorand and Decentraland.

While the ones in the red include Tether, Avalanche, USD Coin and Bitcoin.

In the US CPI inflation has come in at a record high and this could deter the sentiment in the crypto market as growth concerns may emanate and hence traders will shrugg off positions in speculative assets.

Nonetheless, there is also a view that cryptos alike gold, real estate play out as inflationary hedge and this could give a lift to these lately popular digital tokens.

  • Most Cryptos In Red; Higher Co-relation With Stocks Seen
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  • 5 New Income Tax Rules Will Be Effective From April 01, 2022; LearnMore
  • Top Cryptocurrency Prices Today: Most Cryptos Trade Soft, Terra, Solana Buck The Trend
  • Bitcoin Rises For Seventh Straight Day, Terra Leads The Gains
  • Global Crypto M-Cap At $2.12 T: Bitcoin Tops $47K, Polkadot Gains Over 8%
  • Top Cryptocurrencies Trade Mixed Today; Parliament Passes Star Crypto Tax Laws
  • Bitcoin Tops $42K, Cardano, Chainlink and Algorand Trade Higher By Up To 10%
  • Crypto Mining Cost Not To Be Allowed, As Deduction Under IT Act: FinMin
  • Cryptocurrency Prices On March 21, 2022: Bitcoin Down, Avalanche Up By Over 5%
  • 5 Ways You Can Spot Crypto Scam And Save Yourself
  • Bitcoin Prices Move Higher From Past Weekend’s Low; Chainlink Up Over 4%, Terra Down Over 5%

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Story first published: Wednesday, April 13, 2022, 12:46 [IST]


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