BTC, ETH Among Majority Altcoins to Open With Losses, Gains Meet Stablecoins

As per Binance and CoinMarketCap for instance, Bitcoin slipped price-wise by 3.31 percent to trade at $24,088 (roughly Rs. 19 lakh).

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The crypto price charts are reflecting volatility in asset prices now that August has transcended into its mid-phase. Bitcoin on Tuesday, August 16, opened trading with a price dip of 1.37 percent.

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As per Indian exchange CoinSwitch Kuber, Bitcoin is priced $25,837 (roughly Rs. 20 lakh). Bitcoin incurred slightly bigger dips on international exchanges.

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As per Binance and CoinMarketCap for instance, Bitcoin slipped price-wise by 3.31 percent to trade at $24,088 (roughly Rs. 19 lakh).

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Ether followed Bitcoin to see losses. As per Gadgets 360's crypto price tracker, ETH is currently priced $2,055 (roughly Rs. 1.63 lakh) after seeing a loss of 3.88 percent.

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Majority other altcoins including Cardano, Solana, Polkadot, and Avalanche chased BTC and ETH on their price trajectories only to see price dips.

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Shiba Inu, Polygon, Uniswap, Litecoin, Chainlink, and Cosmos also incurred losses today. Stablecoins such as Binance USD, USD Coin, and Tether managed to see small but significant gains. Dogecoin, Binance Coin, and Ripple also managed to see minor gains.

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