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Bitcoin and Mime Coins rise, also know the condition of Ether and other cryptocurrencies

Bitcoin and Ether suffered a price drop as of Monday, but data from Glassnode suggests that the cryptocurrency market could see a new surge in the coming days. Bitcoin, the world’s most popular cryptocurrency in terms of value, declined on Monday, but managed to gain on Tuesday. As of the writing of the news, the value of bitcoin has increased by 1.38%. The value of BTC on the Indian exchange CoinSwitch Kuber is $48,722 (approximately Rs.36.5 lakh).

The price of bitcoin on global exchanges is close to $ 46,730 (about Rs 35 lakh). It has increased by 0.89 percent in the last 24 hours. Despite a poor start to the week, data from CoinGecko shows that bitcoin has not fallen much on a week-to-day basis. It has slipped only 0.4%. 

The world’s second most popular cryptocurrency Ether also recorded a fall on Monday. It didn’t change much on Tuesday. At the time of writing this, the value of Ether on Coinswitch Kuber is $3,674 (approximately Rs 2.5 lakh). It is valued at $3,528 (approximately Rs 2.5 lakh) on global exchanges and has seen a decline of 3.78 percent in the last 24 hours. 

Data from CoinGecko shows that the value of ether has risen by more than 32 percent since the beginning of March and by more than 6% in the past week. Gadgets 360’s Cryptocurrency Price Tracker paints a mixed picture of pros and cons in cryptocurrencies. The global crypto market cap has seen an increase of 0.83 percent in the last 24 hours. Binance Coin , Solana ,Cardano , Terra and Polkadot have suffered  , including Polygon , Chainlink and Zilliqa . On the other hand, Shiba Inu and Dogecoin, popularly known as Mime Coins, have outperformed. Dodgecoin is priced at $0.16 (approximately Rs.12) after gaining 4.62 per cent in the last 24 hours, whereas, the Shiba Inu is valued at $0.00028 (approximately Rs.0.002), up 0.03 per cent from the previous day. The latest figures show that Ethereum miners have managed to achieve a total revenue of $1.29 billion (about Rs 9,740 crore) in the month of March. However, it is lower than the all-time high recorded in November last year.

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