Bitcoin price is trending at $20,420 (approx Rs 16 lakh)
Slight gains in stable coins like Tether, USDC, BUSD
Dogecoin and Shiba Inu, both tokens fell today
Total Market Cap of Cryptocurrency Industry at $907 Billion
For the past several weeks, the prices of popular altcoins have been continuously sliding downwards.
On Wednesday i.e. today, July 6, bitcoin has once again opened its trade with red color.
At the start of the day, its price saw a drop of 1.40 percent.
According to the Indian exchange Coinswitch Kuber, the price of bitcoin is currently running at $ 20,420 (about Rs 16 lakh).
But it is worth noting here that despite the slight decline, the price of bitcoin was able to hold on to 20 thousand dollars (about 15 lakh rupees).
There has been a slight drop in the price of bitcoin on international exchanges.
On global exchanges like Binance and CoinMarketCap, it has weakened by 1.42 percent and the value of the coin remains at $ 19,882 (about Rs 15.70 lakh).
Ether also took the path of bitcoin in the market and it has also registered a slight decline at the national and international level.
The Gadgets 360 Cryptocurrency Price Tracker shows that the price of Ether has taken a dive by 1.35 percent today.
At the time of writing the news, the price of Ether on the Indian crypto exchange Coinswitch Kuber was trading at Rs 89,993 which is a decline of 2.33 percent in the last 24 hours.
Apart from this, popular coins like Cardano, Solana, Polkadot and Tron also appeared in red color.
Stable coins like Tether, USDC, BUSD have registered slight gains.
If we look at the Mime cryptocurrency, both Dogecoin and Shiba Inu have seen a decline today.
Dodgecoin is down 2.21 percent while Shiba Inu has lost 2.73 percent.
At the time of writing this, the price of Dodgecoin in India was at Rs 5.35 and the price of Shiba Inu in India was at Rs 0.000824.
According to data from CoinMarketCap, the total market cap of the cryptocurrency industry has come down to $907 billion (roughly Rs. .
Meanwhile, talking about the rest of the news from the crypto world, the first Crypto Dedicated Investigation Unit has been created in Brazil, which will specifically look into the matters related to crypto.
Apart from preventing crimes, it will also work to spread awareness about digital currency.