Ether also fell in price with bitcoin, which was 0.77 percent

special things

  • The total market cap of the crypto sector is around Rs 96,32,959 crore.

  • Ethereum's current price is at $1,886 (approximately Rs 1.4 lakh)

  • 75% of US retailers want stable coins to be a payment option

For the last two days, the price of most of the tokens was registering an increase.

But today almost all the popular coins including bitcoin opened with a slight decline.

Bitcoin remained stable for the past several days, but today it has again turned down.

A slight loss of 0.91 percent was recorded in the price of bitcoin today.

The value of bitcoin on the Indian exchange Coin Switch Kuber remains at $31,658 (about Rs 24 lakh).

Its price could not increase even on international exchanges such as CoinMarketCap and Binance.

Globally, its price has dropped by 1 percent and it is trading at $30,000 (about Rs 23 lakh). 



Ether also declined in price with bitcoin, which stood at 0.77 percent.

Gadgets 360 Crypto Price states that the current price of Ethereum is at $1,886 (approximately Rs 1.4 Lakh).

The research team at CoinDCX told Gadgets 360 that the current decline in the cryptocurrency market is much lower than the rate of decline seen in the past.

This could be due to light selling and increase in regulation activities.

A drop in the price of the two top cryptocurrencies, bitcoin and ether, also affects the prices of other smaller cryptocurrencies with lesser value, causing their prices to drop as well.

These include Tether, USD Coin, Cardano, Dogecoin and Shiba Inu etc. 



Litecoin's price has fallen after South Korean crypto exchange Bithumb and Upbit issued a notice to delist Litecoin from their platform.

Litecoin is currently priced at $63 (approximately Rs 4,900) which is a decline of 2.78 percent in the last 24 hours.

Among the altcoins that gained momentum, only altcoins such as Binance USD, Solana, Polkadot, Avalanche and Polygon were included.

However, this increase was quite modest. 



The latest report by Delloite says that 75 percent of retailers in the US are interested in adopting stable coins as a payment option.

Currently, according to CoinMarketCap, the crypto sector has a total market cap of $1.23 trillion (approximately Rs 96,32,959 crore).