Friday, August 19, 2022

Despite the decline in Bitcoin, the green color dominates the crypto market today, gains in many altcoins including Dogecoin

Bitcoin remained close to 20 thousand dollars (about 15.8 lakh rupees) for several days. Before there was some upside, its price fell to $ 18,782 (about Rs 14.85 lakh) in the last 24 hours. Talking about the current price, the world’s largest cryptocurrency by market value is trading at $19,400 (about Rs 15.3 lakh) which is its global price. Bitcoin price on Indian exchange Coinswitch Kuber is trading at $20,415 (roughly Rs.16.15 lakh) which is a drop of 2.33 percent in the last 24 hours. It is trading at $19,435 (about Rs 15.36 lakh) on global exchanges such as CoinMarketCap, Coinbase and Binance. Bitcoin is trailing by 8 percent in week to day performance.

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Bitcoin as well as Ether took a dive today and its price came down to $1,111 (approximately Rs 87,900). Talking about the global exchanges, the price of Ether was recorded at $ 1,051 (about Rs 83,160), which is a decline of 3.35 percent in the last 24 hours. According to data from CoinGecko, the price of Ether has slipped below its last week’s price in the past 24 hours.

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The Gadgets 360 Cryptocurrency Price Tracker shows that while the prices of the two biggest cryptocurrencies have declined today, there are also some popular altcoins that have seen gains. Global crypto market capitalization is down 2.09 percent in the last 24 hours. Altcoins such as BNB, Solana, Polkadot and Stellar saw gains today while some altcoins such as Avalanche, Polygon, Cardano and Uniswap remained in losses.

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Looking at the Mime cryptocurrencies Dogecoin and Shiba Inu, both cryptocurrencies were seen in green today. Dodgecoin has gained 6 percent in price in the last 24 hours. It is currently trading at $0.06 (approximately Rs 5.5) while the Shiba Inu is priced at $0.0000011 (approximately Rs 0.00085), up 4 percent from the previous day.

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