Currently, most cryptocurrencies are in losses.

These also include Solana, Polkadot and Polygon.

special things

  • Bitcoin starts trading with a decline of 7.73 percent

  • Investment in digital assets is declining due to the global economic slowdown

  • Shiba Inu and Dodgecoin have also not been able to register any gains.

The cryptocurrency market, which is running at a four-month low, has shown no signs of improvement in the last 24 hours.

On Tuesday, the world's most popular cryptocurrency Bitcoin opened with a significant decline of 7.73 percent.

According to the Indian exchange CoinSwitch Kuber, currently the price of BTC is $ 32,839 (about Rs 25 lakh).

There has also been a sharp drop in the price of bitcoin on the international crypto exchanges.

The value of BTC has reached $ 30,698 (about Rs 23 lakh) on exchanges like Binance, CoinMarketCap and Coinbase, registering a decline of up to 8.80 percent. 



Ether, the world's second most popular cryptocurrency, is also looking far from profitable.

Gadgets 360's crypto price tracker shows that after a loss of 4.80 percent, its price has come to around $ 2,473 (about Rs 1.90 lakh). 



Investment in digital assets is declining due to the global economic slowdown.

At the same time, the crypto community expects digital assets to be effective in hedging against inflation.

Despite this, the perception of risk and volatility regarding cryptocurrencies remains intact. 



Currently, most cryptocurrencies are in losses.

These also include Solana, Polkadot and Polygon.

Shiba Inu and Dodgecoin popularly known as Mime Coins have also not been able to register any profit.

Tether and USD coins have gained marginally, but stable coins such as Binance USD have posted losses. 



Stablecoins have suffered losses despite the US focusing on regulating daily payments.

Stable currencies, which are pegged to the US dollar, have been included in the US financial systems, according to a new trust act. 



Industry experts are predicting a better future for digital assets, given Web3 adoption trends around the world.

Recently Mark Zuckerberg has announced that Instagram is testing NFT integration from this week.

The world's largest tech company Google has also recently launched its Web3 team to capitalize on the growing popularity of crypto. 



On the other hand, the total market cap of cryptocurrencies has come down to $1.43 trillion (about Rs 1,10,68,934 crore), which is a huge drop.

According to CoinMarketCap, the crypto market cap stood at $1.66 trillion on May 6.

On March 31, it had reached the level of $ 2.14 trillion.