bitcoin, ether trade in red; Market momentum remained slow

Bitcoin is further away from its recently achieved all-time high. Each token of the world’s oldest cryptocurrency is trading at $63,350 (approximately Rs 47 lakh) on Indian exchange Coinswitch Kuber, down 2.33 percent. Meanwhile, on global exchanges such as CoinMarketCap and Coinbase, bitcoin is trading at a low of around $57,566 (approximately Rs 42 lakh). Bitcoin’s new price has fallen from its all-time high of $68,327.99 (approximately Rs 50.5 lakh), which it touched on November 9. For now, several other cryptocurrencies are also following bitcoin on the trail of losses.

etherAccording to Gadgets 360, which opened with a decline of 4.19 percent, is currently trading at $ 4,599 (about Rs 3.4 lakh). crypto price tracker, NS Ethereum-based cryptocurrency reached its latest high of $4,870 (about Rs 3.61 lakh) earlier this month and has since managed to hold its prices around the same.

other popular altcoins Including tie rope, cardano, Wave, And polka dot Its values ​​also saw a drop, turning the crypto chart in the red.

meme-based dog coins like dogecoin And this Shiba Inu The business also opened with a loss.

only a small number cryptocurrency Were successful in registering a lead today.

elrond, universe, bitcoin sv, And zcash Has emerged as the gainer of the day.

On the other hand, the global crypto sentiment is witnessing significant changes.

While many parts of America prefer New York and Miami Adopting crypto-culture, PM Narendra Modi It has recently been said that cryptocurrencies need to be made “secure” for use.

in one InterviewHelen Wong, CEO of OCBC – the second largest bank in Southeast Asia – said the bank is also planning to set up a digital asset exchange. OCBC or Oversea-Chinese Banking Corporation is based in Singapore.

Furthermore, the CEO of Commonwealth Bank, Australia’s largest bank, has predicted huge risks of not entering the digital asset industry on time and has signed partnerships with major crypto players.


Interested in cryptocurrency? We Discuss Cryptocurrency with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain of class, Gadgets 360 Podcast. available on orbital Apple Podcasts, google podcasts, Spotify, amazon music And wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, is not legal tender and is subject to market risks. The information in this article is not intended to be financial advice, trading advice or any other advice or a recommendation of any kind offered or endorsed by NDTV. NDTV shall not be liable for any loss arising out of any investment based on any alleged recommendation, forecast or any other information contained in the article.

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