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Prices are not recovering, most cryptocurrencies including Bitcoin decline

According to Gadgets 360’s crypto price tracker, the price charts of most altcoins showed a struggle on Monday.
The Russo-Ukraine war is going to be a month and the crypto sector continues to be volatile. On Monday, March 21, bitcoin started trading with a slight decline of 0.39 percent. According to Indian exchange Coinswitch Kuber, the cryptocurrency managed to maintain its value at $42,168 (approximately Rs 32 lakh) after the lowest losses. BTC has definitely suffered a little big loss on international exchanges. Bitcoin prices on Binance and Coinbase are down 1.20 per cent, bringing its trading value to $40,474 (approximately Rs 31 lakh).

According to Gadgets 360’s crypto price tracker , the price charts of most altcoins showed volatility on Monday. Binance Coin , Ripple and Cardano It saw a decline of less than one per cent, but Terra , Solana and Avalanche declined by 5.79 per cent, 3.56 per cent and 3.86 per cent, respectively.

Mime Coins – Shiba Inu and Dogecoin prices are not recovering. This week also these coins started trading with a loss of 2 percent.

However, amid the loss of all the coins, Ether The situation has improved a bit. The price charge of this second most valuable cryptocurrency in the world by market cap has seen profits. According to CoinMarketCap, Ether is trading at $2,907 (about Rs 2 lakh) with a profit of 0.44 percent. Along with this, Tether, USD Coin, Binance USD and Chainlink have also made profits. Underdog cryptocurrencies such as Qtum, SushiSwap, Augur, DOGEFI and Bitcoin Hedge have also posted modest gains.

Efforts are being made to bring stability in this sector. In recent days, Dubai has received approval for its crypto laws. US President Joe Biden has signed a program order from government oversight of the cryptocurrency industry and the European Union has voted against a bitcoin ban. These decisions have given positive signs about the future of crypto. The Australian government has also started taking feedback from businesses and people about digital assets.

However, the overall market for the cryptocurrency sector has risen slightly over the past week. According to CoinMarketCap , it is currently at $1.84 trillion (about Rs 1,40,62,231 crore). On March 17, the same figure was $ 1.82 trillion (about Rs 1,38,57,131 crore).

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