Tuesday, October 4, 2022
HomeBusinessBitcoin crosses 30 thousand dollars, other altcoins including Ether also increased

Bitcoin crosses 30 thousand dollars, other altcoins including Ether also increased

Bitcoin has once again started giving hope to investors. For the past few days, the world’s largest cryptocurrency was trading below the psychological barrier of $30,000 (approximately Rs 23.5 lakh). But today it has crossed it and bitcoin is trading at $30,100 (approximately Rs 23.5 lakh). Bitcoin price on Indian exchange Coinswitch Kuber is trading at $31,645 (approximately Rs. 24.5) which is an increase of 2.81 percent in the last 24 hours. Bitcoin is trading at $30,103 (approximately Rs 23.5 lakh) on global exchanges like CoinMarketCap, Coinbase and Binance. This is an increase of 2.46 percent in its global price in the last 24 hours. It is down 3.6 percent in week-to-day value, according to data from CoinGecko.

ether also got off to a good start on Monday and opened with a lead over Coinswitch Kuber. The price of Ether in India is $2,129 (approximately Rs 1.65 lakh). At the same time, it is priced at $2,027 (approximately Rs 1.5 lakh) on global exchanges, which is an increase of 2.76 percent in the last 24 hours. It is 5.3 percent behind in week-to-day performance according to CoinGecko data.

Gadgets 360 cryptocurrency price tracker This suggests that the gains in bitcoin have had a good effect on other altcoins as well. The capitalization of the global cryptomarket has grown by 2.7 percent. Cardano, TRON, Avalanche, Polygon, Solana, Litecoin etc. has increased in the last 24 hours.

The price of Shiba Inu and Dogecoin has also increased today compared to the previous day. Dodgecoin is trading at $0.09 (approximately Rs.7) after gaining 1.61 percent. Whereas Shiba Inu rose by 1.89 percent and is trading at $0.000013 (approximately Rs.0.000972).

In the latest statement from the G7, it has been said that the world’s seven largest developed economies want to accelerate crypto regulation. Despite the recent market downturn, crypto regulation will lead to its adoption and increase in public confidence. More investors will try their hand at this. Recently, there has been talk of reforming the laws governing cryptocurrencies in Portugal as well. There is no tax on crypto trading in Portugal so far, but now the government is preparing to bring it under the tax net.

- Advertisement -
MOBILE

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News