The cryptocurrency market has started with a downtrend. Bitcoin stepped up with a slight loss, today on April 18, bitcoin traded at $ 41,895 i.e. around Rs 32 lakh. According to the Indian exchange CoinSwitch Kuber at the time of writing, Bitcoin saw a decline of 3.38 percent. The coin that rules the crypto market is also in decline on the international exchange. The price of bitcoin has declined by about 1.5 percent. The trading price of bitcoin on the global exchange platform is currently around $39,838 i.e. around 30 lakh rupees.
Continuous minor losses since last week bitcoin The price has been brought back below the mark of $ 40,000 i.e. around Rs 30.5 lakh.
After seeing a small drop due to market volatility ether The price has also come down. Gadgets 360 crypto price tracker According to this, Ether is trading down by 0.91 percent at $3,147 i.e. around Rs 2.40 lakh. At the same time, a few weeks ago, the price of ether was seen around $ 3,500 i.e. around Rs 2.65 lakh.
Most popular cryptocurrencies also debuted in the fall along with bitcoin and ether. in these Binance Coin, ripple, Cardano, Terra, Avalanche And Polkadot Are included. Dogecoin And Shiba Inu There was no increase in prices.
The CoinDCX research team explained the market volatility to Gadgets 360, saying that “tax season appears to have prevented any significant price growth, as investors sell assets and rebalance portfolios to fund other operations.” .’
But it remains to be seen that despite a slow start to the week, some cryptocurrencies made gains. in these Tether, USD Coin, Solana And Binance USD Are included. The most profitable altcoins are stablecoins that are pegged to US dollars. Experts feel that the market conditions may improve in the coming days.
The total market cap of the crypto market at present is $1.80 trillion i.e. around Rs 1,37,92,882 crore after crossing the total mark of $2 trillion in March.