{"id":15953,"date":"2022-05-06T10:27:36","date_gmt":"2022-05-06T10:27:36","guid":{"rendered":"http:\/\/egrowonline.com\/?p=15953"},"modified":"2022-05-06T10:27:36","modified_gmt":"2022-05-06T10:27:36","slug":"bitcoin-below-37000-ether-dogecoin-shiba-inu-other-crypto-prices-today-also-plunge","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=15953","title":{"rendered":"Bitcoin Below $37,000; Ether, Dogecoin, Shiba Inu, Other Crypto Prices Today Also Plunge"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"mainArea\">\n<div class=\"FirstEle\">\n<p>\tIn cryptocurrencies, Bitcoin price today plunged to below $37,000 level. The world&#8217;s largest and most popular cryptocurrency was trading more than 8% lower at $36,281. The global crypto market\u2019s value today slipped over 8 % in the past 24 hours to $1.76 trillion, according to pricing from CoinGecko.<\/p>\n<\/div>\n<div class=\"paywall\">\n<p>\tOn the other hand, Ether, the coin linked to the ethereum blockchain and the second largest <a target=\"_blank\" href=\"https:\/\/www.livemint.com\/companies\/news\/thematic-crypto-investment-platform-koinbasket-raises-2-mn-pre-seed-fund-11651731914082.html\" rel=\"noopener\">cryptocurrency<\/a>, also plunged more than 7% to $2,738. Meanwhile, dogecoin price today was trading about 6% lower at $0.12 whereas Shiba Inu also fell over 7% to $0.000020.<\/p>\n<p>\tOther digital tokens&#8217; performance also declined as Solana, Polkadot, Cardano, Uniswap, Terra, XRP, Avalanche, Litecoin, Polygon, Tron, Stellar prices were trading with cuts in the range of 5-16% over the last 24 hours.<\/p>\n<p>\tGlobal crypto funds that invest in bitcoin saw the largest weekly outflows since June 2021 at $133 million, in part driven by the hawkish rhetoric from the US Federal Reserve and the recent price decline.<\/p>\n<p>\tOverall, digital asset investment products or crypto funds saw net outflows totalling $120 million last week (23-29 April), bringing total outflows in this four-week run to $339 million, digital asset manager CoinShares said.<\/p>\n<p>\tBitcoin, which is at around $37,000 level and ethereum near $2,800 level are currently trading more than 40% lower compared to their respective all-time highs. Bitcoin has largely traded in a range of $35,000 to $45,000 this year as the crypto market has been impacted by the Russia-Ukraine crisis, rising inflation and fears of Fed rate hikes.<\/p>\n<p>\t<i>(With inputs from agencies)<\/i><\/p>\n<div class=\"newslettersub_outsidesso_11651801783881\">\n<div class=\"outsideSso clearfix\" id=\"outsideSso_11651801783881\">\n<p>Subscribe to <strong>Mint Newsletters<\/strong><\/p>\n<div class=\"inputSecArea clearfix\" id=\"inputSec_11651801783881\">\n<p><span>*<\/span> Enter a valid email<\/p>\n<p><span>*<\/span> Thank you for subscribing to our newsletter.<\/p>\n<\/p><\/div><\/div><\/div>\n<aside class=\"moreAbout\">Topics <\/aside>\n<\/p><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.livemint.com\/market\/cryptocurrency\/cryptocurrency-prices-today-plunge-bitcoin-below-37-000-ether-dogecoin-shiba-inu-also-fall-11651801783881.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In cryptocurrencies, Bitcoin price today plunged to below $37,000 level. The world&#8217;s largest and most popular cryptocurrency was trading more than 8% lower at $36,281. The global crypto market\u2019s value today slipped over 8 % in the past 24 hours to $1.76 trillion, according to pricing from CoinGecko. On the other hand, Ether, the coin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[50,62,85,369,253,881,666,252,446],"class_list":["post-15953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-bitcoin","tag-crypto","tag-dogecoin","tag-ether","tag-inu","tag-plunge","tag-prices","tag-shiba","tag-today"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/05\/cryptocurrency_1651801882083_1651801882243.JPG","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15953"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15953\/revisions"}],"predecessor-version":[{"id":15955,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15953\/revisions\/15955"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/15954"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15953"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}