The bitcoin and crypto markets turned again on Wednesday, as investors decided to avoid risking the biggest rise in US interest rates in three decades. In terms of price, the world’s most popular cryptocurrency fell as much as 5.01 percent as of Wednesday. For the first time in almost two weeks, it fell below $ 43,000 in global exchanges i.e. about 32 lakh rupees in terms of Indian currency. At the time of writing the news, the price of bitcoin has fallen by 4.24 percent in the last 24 hours and on Indian exchange Coinswitch Kuber is $ 45,934 i.e. around Rs 34.5 lakh in Indian currency.
The price of bitcoin on global exchanges is around $ 44,000 i.e. around Rs 33 lakh to $ 43,779 i.e. around Rs 33 lakh, which is a 3.69 percent drop in price in the last 24 hours. According to data from CoinGecko, the price of BTC is down 7.8 percent week-on-day in the correction made in the past few days.
Ether also did not perform well
ether The world’s second largest cryptocurrency, which performed well in March, did not stay the same until the first week of April. Writing the news, the price of Ether on Coinswitch Kuber is $ 3,393 i.e. about 2.5 lakh rupees in Indian currency, while the value of crypto in the price of global exchanges is $ 3,230 i.e. about 2.5 lakh rupees according to Indian currency. Coin has seen a decline of 3.9 percent in the last 24 hours.
What happened to these cryptocurrencies?
CoinGecko Data from the U.S. shows that despite positive investor interest, the cryptocurrency has lost more than 5.3 percent in price over the past week. Gadgets 360’s Cryptocurrencies price tracker According to him, the last day has not been positive for most of the altcoins either. In the last 24 hours, the global crypto market cap fell more by 4.41 percent. Terra, Solana, Cardano And Polkadot All have fallen above 7 percent in price, while Binance Coin, Polygon And Cosmos There has been a loss in all.
meme coin Shiba Inu And Dogecoin There has also been a decline in the last 24 hours. After a drop of 10.27 percent in the last 24 hours, the price of Dogecoin is currently $ 0.15 (i.e. around Rs 12 in Indian currency). At the same time, the price of Shiba Inu is $ 0.000026 i.e. around 0.002 rupees according to Indian currency, which is 5.53 percent less than the previous day.