Bitcoin, Ether Record Big Drops, Overall Crypto Chart Reflects Losses

At the time of writing, Bitcoin was trading at $67,765 (roughly Rs. 56.1 lakh).

Advertisement
Written by Radhika Parashar, Edited by Siddharth Suvarna | Updated: 15 March 2024 12:11 IST
Highlights
  • Solana, Ripple saw losses
  • Polkadot, Chainlink also tumbled in value
  • Bitcoin Cash, Leo managed to see small gains

The crypto market cap, as of March 15, stands at $2.59 trillion

Photo Credit: Unsplash/ Raphael Wild

The overall crypto price chart saw losses on Friday, March 15. Bitcoin, that had been rallying for days, was hit with a notable loss of 7.90 percent. At the time of writing, Bitcoin was trading at $67,765 (roughly Rs. 56.1 lakh). Over the last day, the value of BTC has decreased substantially by $5,353 (roughly Rs. 4.43 lakh). Before receding, Bitcoin had managed to maintain its value above the mark of $73,000 (roughly Rs. 60.5 lakh) for most part of the week.

Ether recorded an even bigger loss than Bitcoin as the market turned negative on Friday. The value of ETH reached $3,500 (roughly Rs. 2.90 lakh) after the asset dropped in price by 11.31 percent. The maximum price that ETH managed to touch this week was $3,950 (roughly Rs. 3.27 lakh).

“Bitcoin has experienced a flash dump in the last 24 hours. Ethereum also saw similar price action which could be linked to the announcement of the Producer Price Index (PPI) by the Fed, which was higher by 0.6 percent last month. The Fed is signalling that no interest rate cut could be expected at the May meeting,” Shivam Thakral, CEO of BuyUcoin told Gadgets360.

Advertisement

Majority cryptocurrencies recorded losses on Friday following the slipping of BTC and ETH. These include Tether, Solana, Ripple, USD Coin, Cardano, Shiba Inu, Polkadot, and [Tron] (https://www.gadgets360.com/finance/tron-price-in-india-today-inr).

Uniswap and Litecoin also registered losses alongside BTC and ETH on Friday. The overall crypto market cap tumbled by 5.73 percent in the last 24 hours. At the time of writing, the crypto market valuation stood at $2.59 trillion (roughly Rs. 2,14,74,000 crore), as per CoinMarketCap.

Some cryptocurrencies did manage to retain gains on Friday. These include Bitcoin Cash, Near Protocol, Leo, and Iota.

Players of the crypto industry, meanwhile, are expanding their businesses and operations on an international level. Cryptocurrency exchange OKX's Singapore subsidiary, for instance, received the in-principal approval for a payments licence to operate in the city-state.

Advertisement

Is the Samsung Galaxy Z Flip 5 the best foldable phone you can buy in India right now? We discuss the company's new clamshell-style foldable handset on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article. 

Affiliate links may be automatically generated - see our ethics statement for details.
 

Also seeCryptocurrency Prices across Indian exchanges

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Advertisement

Related Stories

Popular Mobile Brands
  1. Top Deals on Gaming Laptops During Amazon Great Republic Day Sale
  1. World’s Biggest Alien Search Enters Final Stage With 100 Mystery Signals
  2. NASA Pulls Out Artemis II Rocket to Launch Pad Ahead of Historic Moon Mission
  3. Shambhala OTT Release: When, Where to Watch the Telugu Supernatural Horror Film
  4. AGS 28 OTT Release: Know Where to Watch This Tamil Entertainer Starring Arjun, Abhirami
  5. Avatar: Fire and Ash OTT Release: When, Where to Watch James Cameron’s Epic Sci-Fi Fantasy
  6. OpenAI to Begin Testing Ads in ChatGPT, Says Responses Will Not Be Influenced
  7. Gurram Paapi Reddy OTT Release: When, Where to Watch This Telugu Crime Comedy Thriller
  8. Hypothetical ‘Dark Stars’ Could Rewrite Early Cosmic History, Research Suggests
  9. Honor Magic 8 Pro Air Key Features Confirmed; Company Teases External Lens for Honor Magic 8 RSR Porsche Design
  10. Lava Blaze Duo 3 India Launch Date Announced; Colour Options Teased Ahead of Debut
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.