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Cryptocurrency Prices on June 17: Bitcoin declines as Fed signals rate hikes in 2023

Updated : June 17, 2021 08:38 AM IST

The cryptocurrency market was trading in red on Thursday after US Federal Reserve officials maintained accommodative monetary policy on Wednesday. Bitcoin, the largest cryptocurrency, lost nearly 4 percent after the announcement, despite trading 3 percent higher earlier on Wednesday. The markets also continued to face pressure because of regulatory actions, and not just from China. Members of the US House of Representatives have formed a task force to tackle growing concern about cryptocurrency. Here are the prices of the ten largest cryptocurrencies, data sourced from CoinMarketCap (as of 8:30 IST).

 1. Bitcoin:  $38,795, 24-hour change: -3.04 percent, 7-day change: -3.99 percent
1. Bitcoin: $38,795, 24-hour change: -3.04 percent, 7-day change: -3.99 percent
 2. Ether:  $2431, 24-hour change: -3.33 percent, 7-day change: -5.91 percent
2. Ether: $2431, 24-hour change: -3.33 percent, 7-day change: -5.91 percent
 3. Tether:  $1.00, 24-hour change: 0.02 percent, 7-day change: 0.00 percent
3. Tether: $1.00, 24-hour change: 0.02 percent, 7-day change: 0.00 percent
 4. Binance Coin:  $356, 24-hour change: -1.14 percent, 7-day change: -4.35 percent
4. Binance Coin: $356, 24-hour change: -1.14 percent, 7-day change: -4.35 percent
 5. Cardano:  $1.53, 24-hour change: -0.94 percent, 7-day change: -5.26 percent
5. Cardano: $1.53, 24-hour change: -0.94 percent, 7-day change: -5.26 percent
 6.  Dogecoin :  $0.3134, 24-hour change: -0.78 percent, 7-day change: -8.15 percent
6. Dogecoin: $0.3134, 24-hour change: -0.78 percent, 7-day change: -8.15 percent
 7. XRP:  $0.8588, 24-hour change: -0.42 percent, 7-day change: -4.66 percent
7. XRP: $0.8588, 24-hour change: -0.42 percent, 7-day change: -4.66 percent
 8. USD Coin:  $1.00, 24-hour change: 0.01 percent, 7-day change: 0.05 percent
8. USD Coin: $1.00, 24-hour change: 0.01 percent, 7-day change: 0.05 percent
 9. Polkadot:  $23.64, 24-hour change: -0.52 percent, 7-day change: -2.53 percent
9. Polkadot: $23.64, 24-hour change: -0.52 percent, 7-day change: -2.53 percent
 10. Uniswap:  $22.59, 24-hour change: -2.44 percent, 7-day change: -9.33 percent
10. Uniswap: $22.59, 24-hour change: -2.44 percent, 7-day change: -9.33 percent
Published : June 17, 2021 08:38 AM IST
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