Bitcoin, ether trade in the red

© Nachiket Deuskar
Cryptocurrency Prices Today on July 16: Bitcoin, ether trade in the red

Major cryptocurrencies were trading lower on July 16, with Bitcoin and ether trading 2-3 percent lower.

While Bitcoin was trading at nearly $32,000, ether was trading at almost $2,000.

The current global cryptocurrency market capitalisation was $1.31 trillion, a 3 percent decline in the previous 24-hour period.

Fintech company Square is creating a new business focused on bitcoin, Chief Executive Officer Jack Dorsey said in a tweet.

As of 7.38 am IST on July 16, these are the prices of the 10 largest cryptocurrencies (data from coinmarketcap.com):

Name

Price

24h %

7d %

Market Cap

Volume(24h)

Circulating Supply

Bitcoin

$31,942.06

-2.84%

-2.25%

$597,825,682,857

$22,075,171,166

18,757,487

Ethereum

$1,946.99

-3.13%

-6.36%

$225,210,026,134

$15,259,267,063

116,708,889

Tether

$1.00

-0.01%

0.02%

$62,021,441,288

$45,676,619,742

62,019,248,695

Binance Coin

$320.79

3.68%

5.55%

$48,930,094,699

$2,273,318,335

153,432,897

Cardano

$1.24

-1.93%

-4.69%

$39,650,705,798

$1,611,940,520

32,041,069,499

XRP

$0.61

-0.92%

1.49%

$28,208,944,418

$2,106,976,094

46,216,687,135

USD Coin

$1.00

0.01%

0.01%

$26,328,962,547

$1,984,714,088

26,326,795,317

Dogecoin

$0.19

-6.09%

-6.92%

$24,147,116,617

$1,050,726,561

130,453,358,912

Polkadot

$13.19

-4.84%

-12.24%

$12,823,602,032

$776,854,714

975,547,363

Binance USD

$1.00

0.00%

0.02%

$11,253,554,783

$3,707,091,316

11,252,749,174