Bitcoin has lost more than $22,000 since it hit a record high in November and is currently up about 60 percent, year-to-date
Ethereum rose by 1.69 percent in value to $4,242.75. The second-largest digital token has risen by 2.07 percent in the last seven days
Bitcoin was priced at $56,894.01 at 9:45 this morning, witnessing a fall of 0.88 percent in the last 24 hours. The currency has seen a fall of 6.14 percent in the last seven days
Both bitcoin and Ether have risen in value amidst speculative demand for digital assets as well as the argument that digital tokens can be a hedge against inflation risks.
Cryptocurrency update: Bitcoin, Ether and other cryptos decline in value, while Tether witnesses rise
The global crypto market cap also saw a fall of 7.10 percent over the last 24 hours and is currently at $2.66 trillion.
Cryptocurrency update: Bitcoin, Ether and other other cryptos see fall in value; Binance Coin, Solana rise
The digital token has seen its value rise by 114 percent this year, and hit a record high of $67,000 in October.
Cryptocurrency update: Bitcoin, Ether and other cryptos rise in value, while Shibu Ina sees sharp decline
In terms of value, Bitcoin saw a rise of 4.20 percent, rising to $ 61,548.27 in the last 24 hours.
The price of Bitcoin saw a decline of 3.88 percent in the last 24 hours, falling to $ 58,813,88 by 10.30 am