Quick analysis of the cryptocurrency pricing on August 16: The total market capitalization decreased to $1.16 trillion.

The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), was trading sideways early on Wednesday and was still below the $30,000 threshold. Other well-known altcoins, including as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), also experienced losses on the other side of the border. Following the test launch, the SEI token saw the largest rise of all, with a staggering 24-hour increase of nearly 2,600 percent. On the other side, ApeCoin (APE), which experienced a 24-hour decline of about 12 percent, emerged as the biggest loser.

At the time of writing, the market valuation of all cryptocurrencies was $1.16 trillion, representing a drop of 1.10 percent over the previous 24 hours.

Bitcoin Price Today
According to CoinMarketCap, the price of one bitcoin was $29,202.73, a decrease of 0.48 percent over the previous 24 hours. WazirX, an Indian exchange, reported that the price of one bitcoin was Rs 25.31 lakh.

Ethereum Price Today
At the time of writing, the price of ETH was $1,827.74, representing a 24-hour loss of 0.77 percent. According to WazirX, the price of Ethereum in India was Rs 1.59 lakh.

Dogecoin Price Today
According to data from CoinMarketCap, the 24-hour price of DOGE, which is presently trading at $0.07101, fell by 4.57 percent. Dogecoin’s price in India as of WazirX was Rs 6.18.

Litecoin Price Today
Litecoin lost 3.04 percent throughout the course of a day. Its price at the time of writing was $79.21. In India, the cost of LTC was Rs 6,875.

Ripple Price Today
The price of XRP was $0.6078, down 3.53 percent over the previous day. WazirX reported that the price of ripple was Rs 52.37.

Solana Price Today
Solana price was $23.76, down 4.70 percent over the previous 24 hours. SOL cost Rs 2,050.01 in India, according to WazirX.

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