Tech

Bitcoin Rises to $21,000 While Polygon and Avalanche See Major Gains


Bitcoin and the broader crypto market haven’t seen a massive spike in value over the past 24 hours, but things have gone up overall with the global crypto market cap growing proportionally. healthy percent daily. As things stabilize, the price of the world’s largest cryptocurrency by market value is hovering around the $21,000 mark (about Rs 16.5 lakh) on global exchanges while Indian exchange CoinSwitch Kuber values ​​Bitcoin at $22,175 (about $17.3 lakh), up 2.96 percent over the past 24 hours.

On global exchanges like CoinMarketCap, Coinbase and Binance, Bitcoin price stands at $21,035 (about Rs 16.5 lakh) while CoinGecko data shows that the value of BTC is currently in the green, up 3.1% weekly.

While Bitcoin continues to hover around the $21,000 mark (approximately Rs. 15.5 lakh), Ether manage some profits too. At the time of publication, Ether has a value of $1,209 (approximately Rs 95,000) on CoinSwitch Kuber while values ​​on global exchanges show a value of $1,146 (approximately Rs 90,000). ), where the cryptocurrency has gained 5.75% in the past 24 hours.

The price movement of Ether over the last 24 hours shows the value of the cryptocurrency turning green almost 8 percent when compared to last week’s value, according to CoinGecko data.

Gadgets 360’s Cryptocurrency price tracker revealed that most major altcoins have increased significantly in the past day – as the global crypto market capitalization increased by 3.61% in the past 24 hours. BNB, Polkadot, avalanche, Solanaand Chain link all profits are marked, while Polygon topped the bullish charts with over 20% value.

Memecoins Shiba Inu and Dogecoin have been doing well this week and continue to add value. Dogecoin is currently worth $0.06 (about Rs 5.4) after increasing more than 1.9 percent in value in the last 24 hours, while, Shiba Inu was valued at $0.000011 (approximately Rs. 0.000849), up 1.43 percent over the past day.

“Markets trended lower in early trading before finally cutting losses. The continuation of risk preference follows the Fed’s admission that a recession is ‘certainly possible’ and that a downgrade is inevitable” soft wings are ‘very challenging’. The pair followed the team at CoinDCX told Gadgets 360.




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