Bitcoin & Co.: Price developments in the afternoon - Bitcoin in the red, Ethereum in the plus.

Bitcoin & Co.: Price developments in the afternoon - Bitcoin in the red, Ethereum in the plus.

According to a report by www.finanzen.net, the prices of digital currencies moved in the afternoon. Bitcoin fell 0.72 percent to $42,600.29, while Bitcoin Cash fell 1.07 percent to $233.07. Ethereum gained 0.95 percent to $2,282.56, Litecoin fell 1.57 percent to $72.07 and Ripple fell 0.59 percent to $0.6247. Cardano lost 3.85 percent to $0.6368, Monero fell 0.66 percent to $168.10, IOTA rose 5.10 percent to $0.2918, Verge remained almost unchanged at $0.0037 and Stellar rose minimally to $0.1250. NEM was flat at $0.0388, Dash rose 1.01 percent to $33.64 and NEO fell 1.19 percent to $12.71.

These price movements show that the crypto market continues to be volatile. Bitcoin has long been the dominant cryptocurrency, but with the increasing popularity of Ethereum and other altcoins, a diversified investment strategy is recommended. The current price changes could be due to market volatility, regulatory announcements or even large market participants. As a financial expert, it is important to carefully monitor these developments and make informed decisions from them.

Overall, it shows that the crypto market remains subject to a high level of uncertainty. Although some cryptocurrencies such as Ethereum are experiencing short-term gains, long-term stability is uncertain. Investors should therefore act cautiously and carefully diversify their investments in cryptocurrencies to reduce potential risks.