Sunday, December 4, 2022

Crypto market recovers today, gains in most coins including Bitcoin, Ether

After several days of continuous decline in the cryptocurrency market, today, ie Friday, saw a slight increase. Most of the cryptocurrencies appeared in the green color on the price chart. The price of bitcoin has also seen an increase today. Talking about its current price, the world’s largest cryptocurrency is trading at $19,312 (about Rs 15.6 lakh), which is an increase of 4.34 percent in the last 24 hours. It is trading at $19,406 (about Rs 15.7 lakh) on global exchanges such as CoinMarketCap, Coinbase and Binance.

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Ether, along with bitcoin, has gained momentum today. Its price is running at $ 1,327 (about Rs 1.07 lakh). Ether is also benefiting from its new upgrade. Its Merge upgrade is now live and it is said to be quite eco-friendly. Moreover, the global crypto market capitalization has also increased in the last 24 hours. The global market cap has increased by about 5 percent.

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The Gadgets 360 Cryptocurrency Price Tracker shows that most altcoins, including Bitcoin and Ether, have seen gains today. Popular tokens like Tether, Binance Coin, Ripple, Binance USD, Cardano, Solana were seen in green. Polkadot and Polygon were also named among the altcoins that gained.

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Coming to the Mime cryptocurrencies, both Dogecoin and Shiba Inu cryptocurrencies were seen in the green today. Dodgecoin has gained 1.71 percent in price in the last 24 hours. It is currently trading at ₹4.88 while the price of Shiba Inu is ₹0.000875, up 1.21 percent from the previous day.

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