Today bitcoin trading started with a loss of 2.18 percent.

special things

  • Binance Coin, Solana, Avalanche, Polkadot, and Polygon gained.

  • Tether, USD Coin, Ripple, Cardano and Terra suffered losses.

  • Cryptocurrencies are still the first choice of people for long term investments.

Bitcoin recently crossed the $45,000 (about Rs 34 lakh) mark in March.

Today the trading of this coin started with a loss of 2.18 percent.

According to the data of Indian exchange CoinSwitch Kuber, currently the price of bitcoin is trading at $47,718 (about Rs 36 lakh).

A slight fall in its price has also been recorded on global exchanges.

On exchanges like Binance and Coinbase, it is trading at $47,306 (about Rs 35.80 lakh) after a fall of 0.11 percent. 



Ether, the world's second largest cryptocurrency, also saw a slight decline today.

The price of Ether has come down marginally at both national and international levels.

According to Gadgets 360 Crypto Price Tracker, Ether latest price is currently trading down 0.76 percent at $3,450 (approximately Rs 2.5 lakh).

At the same time, on global exchanges like CoinMarketCap, its price is trading down by about 1 percent at $3,400 (about Rs 2 lakh).

Talking about the recent scenario of the entire cryptocurrency market, today most cryptocurrencies appeared in the green. 



Binance Coin, Solana, Avalanche, Polkadot, and Polygon have increased their prices slightly.

Tether, USD Coin, Ripple, Cardano and Terra have suffered losses today.

Apart from this, Mime cryptocurrencies Dogecoin and Shiba Inu have also made slight gains. 



Crypto market experts say that this rally in bitcoin has put an end to the fear of investors.

This has eliminated the ongoing negative impact for the crypto market.

The research team of Indian exchange CoinDCX told Gadgets 360 that there is still a growing interest in cryptocurrencies for long term investments.

While the number of crypto funds was 4 five years ago, it has increased to 119 in January 2022. 



Meanwhile, many more countries are also taking steps for crypto regulation.

Vietnam's Deputy Prime Minister Lee Minh Khai has instructed the country's finance ministry to draft regulatory laws for the digital assets sector. 



According to CoinMarketCap, the current market capitalization of the crypto sector is $2.14 trillion (approximately Rs 1,62,77,490 crore).