Bitcoin hasn’t fallen sharply over the past week, but it hasn’t been a particularly good start to the week for the largest cryptocurrency by market cap, as the broader crypto market continues to struggle with high volatility. Bitcoin has lost roughly 2.37% in value as of Monday, and is now at $45,553 (approximately Rs 3.388 lakh) on Indian exchange CoinSwitch Kuber, down 1.04% in the past 24 hours. Meanwhile, on global exchanges, the price of the most popular cryptocurrency fell 1.44% in the past 24 hours to $42,060 (approximately Rs 3.128 lakh).
Ether, the second-largest cryptocurrency by market capitalization, showed signs of recovery over the weekend, but got off to a weak start to the week. The ethereum-based cryptocurrency is down 4.46% through Monday, and it didn’t start Tuesday with a strong momentum either. At the time of publication, ether was valued at $3,447 (approximately Rs 256,000) on CoinSwitch Kuber, while global exchanges valued the cryptocurrency at a lower price of $3,182 (approximately Rs 236,000), which The coin is down 2.03% in the past 24 hours.
Bitcoin and Ethereum aren’t the only cryptocurrencies that have had a slow start to the week. Gadgets 360’s cryptocurrency price tracker shows that most of the popular atlcoins have seen a drop in value over the past 24 hours. Ripple, Polkadot, Chainlink, Uniswap, Polygon and Litecoin are all in red. As it turns out, Tether and Cardano are the only cryptocurrencies that have seen their price surge. In fact, Cardano seems to be doing particularly well, as CoinGecko data shows that the value of the “Ethereum killer” has risen by 39% over the past week.
Complete News Source : Gadgets360
