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The recession in the crypto market including Bitcoin, Ether, the benefit of stable coins like Tether, USD Coin

The entire cryptocurrency market, including Bitcoin, fell again today. If we talk about the price, then the price of bitcoin could not go above $40,000 (about Rs 30.5 lakh) on exchanges like CoinMarketCap, Coinbase and Binance. At the time of writing the news, the price of bitcoin was at $40,965 (approximately Rs.

The world’s largest cryptocurrency was priced at $38,437 (approximately Rs 29.5 lakh) on global exchanges. Which is a decline of 5.06 percent in the last 24 hours. CoinGecko’s statistics according Bitcoin is down 7.5 percent in week-to-day value.

ether The situation is similar to bitcoin. The world’s second largest cryptocurrency fell today. The CoinTelegraph report suggests that its price could go further down. Ether was priced at $3,031 (approximately Rs 2.5 lakh) on the Indian exchange Coinswitch Kuber at the time of writing this news. At the same time, the price of this cryptocurrency was $2,841 (about Rs 2.2 lakh) on global exchanges. The price of Ether is down 5.21 percent in the last 24 hours.

Data from CoinGecko shows that it has lost 8.5 percent in value over the past week. Gadgets 360 cryptocurrency price tracker As per reports, not only bitcoin and ether have suffered, but the capitalization of the entire crypto market has come down 5.05 percent in the last 24 hours. Monero, Terra, Polkdadot, Polygon And Cardano recorded the biggest decline. Avalanche, Uniswap, Solana, Cosmos And Binance Coin has also declined.

Shiba Inu And Dogecoin Wednesday was not a good start for either. The price of Dogecoin is down 8.53 percent in the last 24 hours. At the time of writing this news it was trading at $0.15 (about Rs.11.5). At the same time, the price of Shiba Inu was at $ 0.000025 (approximately Rs. 0.002), which is a drop of 2.55 percent. Only tokens like Tether and USD Coin were among the gainers. Tether and USD Coin are up about 1.5 percent.

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