Wednesday, February 8, 2023

Shadow green color in crypto market including Bitcoin, Ether, big gain in Shiba Inu

After facing turmoil in the last few days, the crypto market today saw more shade of green instead of red. There has also been a correction in the price of bitcoin today. The world’s largest cryptocurrency has gained 1.23 percent in the last 24 hours and is currently trading at $21,490 (approximately Rs 17 lakh) on Indian crypto exchange Coinswitch Kuber. It remains close to $ 21,500 (about Rs 17 lakh) on global exchanges. On global exchanges like CoinMarketCap, Coinbase and Binance, bitcoin is trading at $21,526 (approximately Rs.17 lakh). Data from CoinGecko shows that bitcoin’s value week-to-day performance is still down about 10 percent from last week.

Following Bitcoin, the price of Ether has seen an increase once again today. Ether price on Indian crypto exchange Coinswitch Kuber was trading at $1,660 (approximately Rs 1.34 lakh) at the time of writing this news. At the same time, the price of ether on global exchanges remained at 1,671 (about Rs 1.4 lakh). Its price has increased by around 1.06% in the last 24 hours. However, it remains 15% weak in week to day performance according to data from CoinGecko.

According to the Gadgets 360 Crypto Price Tracker, most of the popular tokens were in green color today. Global crypto market capitalization has increased by 1.41 percent. Tokens like Ripple, Cardano, Solana and Polkadot have seen light to moderate gains today. Bitcoin Cash and Tron were among the tokens that saw slight losses today.

Speaking of meme cryptocurrencies, both the popular mime tokens Shiba Inu and Dodgecoin appeared in green. Dodgecoin is currently trading at $0.07 (approximately Rs.5.62) which is a gain of 3.08% percent over the last 24 hours. At the same time, the Shiba Inu price is at $0.000012 (approximately Rs.0.001154) which is an increase of 8 percent in the last 24 hours.

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