Cryptocurrency prices: Bitcoin and Ethereum gains, other tokens move higher - CNBCTV18

Cryptocurrencies moved higher on Friday. The global crypto market cap stood at nearly $810.7 billion, with a volume of $28.9 billion in the past 24 hours.
Bitcoin | The world’s largest and most popular virtual currency, Bitcoin, rose 0.1 percent to $16,872. Its market value stood at $323.5 billion. The trade volume was at $16.4 billion. The token has fallen 3.5 percent in the last seven days.
“Bitcoin remained stable in the past 24 hours after the release of the third quarter GDP data from the United States. Since November, the price of Bitcoin has been fluctuating within the range of $16,500 to $17,000,” said Edul Patel, CEO and Co-Founder of Mudrex.
“For the market to experience an upward trend, it is vital for BTC to maintain its key level above $16,800. However, if the price falls below $16,500, it is possible that bearish sentiment may return to the market,” Patel added.
Ethereum | The second largest virtual currency, Ethererum or Ether, rose 0.9 percent to $1,224.8 with a market capitalisation of $149.1 billion. The trade volume of Ethereum was $5.3 billion in the last 24 hours. The token has fallen 4.2 percent in last seven days.
Dogecoin | Meme-based virtual currency, Dogecoin, rose 5.7 percent on Friday. Its market value stood at $10.3 billion. The trade volume was at $628.3 million.
Solana | Solana fell 0.7 percent to $12 with a market capitalisation of $4.4 billion. The trade volume of Solana was $194.2 million in the last 24 hours.
Shiba Inu | Shiba Inu fell 0.5 percent with a market capitalisation of $4.4 billion. The trade volume was $97.5 million in the last 24 hours.
Polygon | Polygon rose 1.7 percent to $0.8 with a market capitalisation of $7 billion. The trade volume was $198.6 million in the last 24 hours.
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