Bitcoin, the world’s largest cryptocurrency by market cap, fell more than 4 percent over the weekend. This also affected the rest of the crypto assets and saw their prices slackened. However, at the beginning of this week things started to improve. The value of bitcoin saw a slight increase of 0.65 per cent on the previous day. Its price remains below $20,000 (approximately Rs 15.97 lakh) on global exchanges, while BTC is valued at $19,873 (approximately Rs 15.97 lakh) on Indian exchange Coinswitch Kuber. This is an increase of 0.65 per cent as compared to yesterday.
On global exchanges like CoinMarketCap, Coinbase and Binance bitcoin The price of BTC is $19,875 (approximately Rs 15.87 lakh), while data from CoinGecko shows that the value of BTC is currently up 1.1 percent compared to last Monday.
however, ether The merger is nearing and its prices are continuing to rise. The value of Ether on Coinswitch Kuber is $1,576 (approximately Rs 1.25 Lakh), while the value of this crypto on global exchanges is $1,576 (approximately Rs 1.25 Lakh). Ether prices have seen an increase of 1.7 percent in the last 24 hours.
This performance of Ether has increased its value significantly over the last week. Data from CoinGecko shows that the value of the world’s second largest cryptocurrency is up 9.5 percent week-on-week.
Gadgets 360 cryptocurrency price tracker This suggests that most of the major altcoins have made minor gains in the last 24 hours. The global crypto market cap has also seen a substantial increase of 0.81 percent in late Sunday and early Monday. Polkadot, Uniswap, Cosmos, Solana, Monero, Avaloch, Cardano, Polygon, Tron and BNB saw marginal gains in the price in the last 24 hours.
The popular Shiba Inu and Dodgecoin also followed the major altcoins reporting profits in the form of Mimecoins. Dodgecoin is currently valued at $0.06 (approximately Rs 5.3), after gaining 0.85 per cent in the last 24 hours, while the Shiba Inu is valued at $0.0000013 (approximately Rs 0.001018), up 3.76 per cent from the previous day.