The month of July has started, but no major changes are being seen in the crypto market. On Monday, the world’s most popular cryptocurrency Bitcoin (Bitcoin) started trading with a slight decline of 0.60 percent. According to the Indian exchange CoinSwitch Kuber, the current price of BTC is $ 20,015 (about Rs 15.80 lakh). Bitcoin started rising above the $20,000 mark (about Rs 15 lakh) around the last week, but fell again over the weekend. According to international exchanges like Binance and CoinMarketCap, the value of bitcoin is around $19,101 (approximately Rs.15.08 lakh).
The world’s second most popular cryptocurrency Ether (ether) also luck bitcoin It’s the same. Its value has declined by 0.19 percent. Gadgets 360 crypto price tracker As of now, Ether is trading at $1,114 (approximately Rs 87,990).
Apart from seeing the losses of the top 2 cryptocurrencies, most of the altcoins have also been affected by the ongoing volatility in the market. Barring Ripple, Dodgecoin, Tron and Avalanche, almost all popular cryptocurrencies have started on the downside. in these Binance Coin, cardano, solana, Polkadot, Polygon, Uniswap and Litecoin etc. join stablecoins Binance USD, USD coin And tether Have also seen damage.
The total market cap of the crypto sector around March was over $2 trillion (approximately Rs 15,610,304 crore), which has fallen to $863 billion (approximately Rs 68,21,971 crore) in the last three months. Recently Reserve Bank of India (RBI) Governor Shaktikanta Das said that cryptocurrencies are a ‘clear danger’.
Even though there is a period of decline in the crypto market, but cryptocurrency is also being adopted. According to recent news, Shiba Inu and DodgeCoin users can now make payments for Uber Eats and DoorDash in cryptocurrencies as well. But this payment will be done through BitPay. BitPay has announced that its users can now also use Shiba Inu and DodgeCoin to pay for Uber Eats and DoorDash’s food delivery in the BitPay payment service.