News

There has been an increase in the price of bitcoin today. This is the highest level the price of bitcoin has seen in almost a week since this major drop. Bitcoin has crossed $23,000 (about Rs 18.4 lakh). Its price has increased by 3.54 percent in the last 24 hours and it has now reached close to 24 thousand dollars. On the Indian exchange Coinswitch Kuber, the price of bitcoin is trading at $24,240 or about Rs 19.4 lakh, which is an increase of 2.69 percent in the last 24 hours.

Dodgecoin is trading at Rs 5.77

On global exchanges such as CoinMarketCap, Coinbase, and Binance, the price of bitcoin remains at $23,805, which is approximate Rs.19 lakh. Bitcoin is up 3.3 percent in week-to-day performance. Meanwhile, the price of Ether has also seen a big jump. At the time of writing this report, Ether CoinSwitch was trading on Kuber for $1,748, or approximately Rs 1.4 lakh. Globally, its price is trading at $ 1,713 i.e. around Rs 1.37 lakh, which is an increase of 5.37 percent in the last 24 hours. According to data from CoinGecko, its value has increased by 9.6 percent in the past few days.

The price of Shiba Inu is $0.000012 (approximately Rs.0.000974)

The Crypto Price Tracker shows that most of the altcoins have seen an upward trend today. Global crypto market capitalization has increased by 4.44 percent. All the popular altcoins like Solana, Polygon, TRON, Cardano, and Chainlink have seen gains today. While Monero has registered a loss of 3.34 percent.

Talking about Mime cryptocurrencies, Shiba Inu and Dogecoin have also seen slight gains today. Currently, Dogecoin is trading at $ 0.07 i.e. around Rs 5.77. At the same time, the price of Shiba Inu is at $0.000012 (approximately Rs.0.000974) which is an increase of 3.62 percent in the last 24 hours.

The fundamental reason behind altcoins following Bitcoin is because altcoin prices are typically measured in Bitcoin. The original crypto asset may be flanked by over 3,000 competitors, but it still commands over half of the entire cryptocurrency market cap. This domination of the crypto market affords Bitcoin a lot of influence and control.

Also, Read ;

Apple’s record earnings in India, revenue doubled, iPhone became revenue king

This projector of the size of Bluetooth speaker will make the house a cinema hall

Megha Gupta

Megha Gupta is one of the leading writers of techzimo.com. She is working on Tech Zimo for the last 4 years, Apart from a writing job, she is a professional lecturer in a technology university, Know more about her here on Facebook.