Cryptocurrency update: Bitcoin, Ether and other cryptos decline in value, while Tether witnesses rise

Cryptocurrency prices on the morning of Tuesday, 16 November, were a mixed bag.

In terms of price, the value of Bitcoin fell to $ 61,111.26, witnessing a decline of 6.99 percent in the last 24 hours.

Ethereum, the second-largest digital token also saw a fall in its value, falling 7.86 percent in the last 24 hours to $4,320.33.

Binance Coin also fell by 7.23 percent in the last 24 hours to $607.23, with the digital token witnessing a decline of 6.41 percent.

In other news, Bitcoin underwent a major upgrade on 14 November that enables the execution of more complex transactions by its blockchain.

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