Cryptocurrency Price in India: The world’s oldest and most popular cryptocurrency Bitcoin had fallen below its July 2021 level this week, but today the currency managed to come back to the level of $39,000 in the global markets.
In the cryptocurrency market, on Tuesday, January 25, 2022, most of the crypto coins were visible in the red mark. However, after months, bitcoin, which is seeing a record decline, is showing an improvement. Bitcoin, the world’s oldest and most popular cryptocurrency, fell below its July 2021 level this week, but today the currency managed to return to the level of $39,000 in global markets. On Monday, the currency had gained up to 2.69 per cent. Around 1 pm on Tuesday, the currency was trading at a price of around $36,000 or around Rs 29 lakh on the cryptocurrency exchange CoinSwitch Kuber in India.
bitcoin fell 10 percent on friday and fell to $34,000 on saturday, its lowest level since july 2021. last november, the currency had reached its record high of 69,000, that is, its prices have now reached half of its record high.
let us know that before the meeting of the us federal reserve bank, there is a stir among investors in markets around the world over the interest rate hike. there is tremendous selling going on in the global stock markets. the cryptocurrency market is also in its grip.
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At 1.17 pm, the price of Bitcoin was up 1.93% at rs 29,38,932. Apart from Bitcoin, cryptocurrencies like Solana Terra, PolkaDot, Avalanche were gaining momentum. At the same time, ether, the second largest currency in terms of market cap, was running on a decline. During this time, ether was trading 1.73% lower at a price of Rs 1,94,299. On Monday, there was also a 1.65 per cent drop in ether. Ether is also at its lowest level since July, 2021. At the time, it was close to $2,300. Right now its price is running around $2,500.
IF WE TALK ABOUT THE HIGHEST RISE, THE DIA WAS UP 41.59% TO RS 97.5. AT THE SAME TIME, ALTCOIN COSMOS IS REGISTERING A TREMENDOUS JUMP OF 10.55%. THE PRICE OF THIS COIN WAS RUNNING AT RS 2,895 DURING THIS PERIOD. DASH, XEM, SUSHI, ZILIKA WERE ALSO GAINING MORE THAN ONE PER CENT EACH.