Crypto Price Today: Bitcoin falls below $29,400; Shiba Inu, Solana surge up to 3% – The Economic Times

Crypto Price Today: Bitcoin falls below $29,400; Shiba Inu, Solana surge up to 3% – The Economic TimesCredit: Inferse

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According to The Economic Times, the price of Bitcoin fell below $29,400 on Tuesday, while Shiba Inu and Solana were up 3% each. This marks a significant drop for Bitcoin, which was trading at around $35,000 just a week ago. Analysts attribute the fall to a combination of market fatigue and a lack of bullish momentum. Meanwhile, Shiba Inu and Solana have been beneficiaries of the recent DeFi boom, with both coins nearly doubling in price since the start of the month. As the crypto market continues to be a volatile space, investors are advised to remain cautious.

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Frequently asked questions

What is the current price of Bitcoin?

The current price of Bitcoin is below $29,400.

What other cryptocurrencies are surging today?

Shiba Inu and Solana are both surging up to 3%.

How much has Bitcoin fallen in price?

Bitcoin has fallen below $29,400.

What is the source of this information?

This information was sourced from The Economic Times.

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