Cryptocurrency prices fell sharply over the past 24 hours due to profit booking. (Photo: Reuters) Cryptocurrency prices plunged over the past 24 hours due to a jump in profit booking activity. Aggressive selling is a possibility over the next 24 hours as the overall crypto market remains volatile. Bitcoin, the world’s most popular cryptocurrency, fell below $50,000 to touch a fresh 3-day low. It was trading at $48,200 or 2.73 per cent lower than its price 24 hours ago at 12:10 pm. The market capitalisation of the popular crypto stood at $910 billion and the 24-hour trade volume was $1.25 billion. Ether, the native token on the Ethereum platform, also fell sharply as it traded at $4,115 or nearly 6 per cent lower than its price 24 hours ago. Ether’s market capitalisation was down to $483 billion and the 24-hour trade volume was $1.34 billion. Smaller cryptocurrencies, including Solana, XRP, Terra, Cardano, Polkadot, Stellar, Dogecoin, Polygon, Chanlink, Uniswap and Litecoin fell sh...