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Bitcoin stays at 20 thousand dollars, there is a slight increase in stable coins

The cryptocurrency market has been on a downward trend for almost a month. The prices of the popular altcoins have been continuously sliding downwards for the past several weeks. On Wednesday, July 6, Bitcoin has once again opened its trade with red color. At the start of the day, its price saw a drop of 1.40 percent. According to the Indian exchange Coinswitch Kuber, the price of bitcoin is currently trading at $ 20,420 (about Rs 16 lakh). But it is worth noting here that despite the slight fall, the price of bitcoin was able to hold on to 20 thousand dollars (about 15 lakh rupees).

on international exchanges bitcoin price There has been a slight decline in It has weakened by 1.42 percent on global exchanges like Binance and CoinMarketCap and the value of the coin remains at $19,882 (about Rs 15.70 lakh). in the market ether Also took the path of bitcoin and it has also registered a slight decline at the national and international level. Gadgets 360 cryptocurrency price tracker Tells that the price of Ether has taken a dive by 1.35 percent today. At the time of writing this news, the price of Ether on Indian crypto exchange Coinswitch Kuber was trading at Rs 89,993 which is a drop of 2.33 percent in the last 24 hours.

Other than this Cardano, Solana, Polkadot And Tron Like popular coins also appeared in red color. Tether, USDC, BUSD As stable coins have registered slight gains. meme cryptocurrency If we look at it, both Dogecoin and Shiba Inu have seen a decline today. Dodgecoin is down 2.21 percent while the Shiba Inu has lost 2.73 percent. in India at the time of writing dodgecoin price was at Rs 5.35 and shiba inu price in india 0.000824 was at Rs.

According to data from CoinMarketCap, cryptocurrency The overall market cap of the industry has come down to $907 billion (approximately Rs.71,94,455), down from $1 trillion now, from $3 trillion at market peak. Meanwhile, talking about the rest of the news from the crypto world, the first Crypto Dedicated Investigation Unit has been created in Brazil, which will exclusively look into crypto related matters. Apart from preventing crimes, it will also work to spread awareness about digital currency.

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