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The wave of decline in the crypto market today, only stable coins like Tether, USD Coin gain

Friday has started with losses for the cryptocurrency. Almost all popular cryptocurrencies today have opened with a drop, including the top cryptocurrencies Bitcoin and Ether. The price of the biggest cryptocurrency, Bitcoin, is down by up to 2 percent today. Bitcoin started trading with a drop of 1.96%. Whereas yesterday there was a slight increase in the price of bitcoin. At the time of writing the news today, the price of bitcoin on the Indian exchange Coinswitch Kuber was trading at $42,588 (approximately Rs 32.57 lakh). Bitcoin is priced at $40,607 (approximately Rs 30.98 lakh) on global exchanges after a decline of 2.33 percent in the last 24 hours.

ether The price has also come down today. bitcoin Following in the footsteps of Ether is also down by over 2 percent today. Ether opened today with a drop of 2.40 percent. Ether price today was trading at $3,145 (approximately Rs 2.41 lakh) on the Indian exchange Coinswitch Kuber, till the time of writing this news. At the same time, its global value has come down to $3,006 (approx. Rs. 2.29 lakh) which is after a decline of 2.50 percent. However, total cryptocurrency trading volume has increased by 13 percent.

Gadgets 360 cryptocurrency price tracker The price of most altcoins has seen a slight decline today. Tether, USD Coin, Binance USD All the popular cryptocurrencies have appeared today in red. Tron’s name is also included in the gainers today. At the same time, both Solana and XRP fell by 2 percent. Avalanche has registered a decline of 2.7 percent.

Take a look at the meme cryptocurrency, then the most popular meme coins Shiba Inu And Dogecoin, both have declined by over 1.5 per cent today. Dogecoin is currently priced at $0.13 (approximately Rs 10.9) after a drop of 1.74 percent in the last 24 hours. Dodgecoin’s biggest rival Shiba Inu has also registered a decline today. Currently Shiba Inu price in India is Rs.0.001971 which is a decline of 1.74 percent in last 24 hours.

Talking about the cryptocurrency status in India, Union Finance Minister Nirmala Sitharaman has called for a global framework for it, so that crypto can be regulated and it can not be misused for money laundering or terrorism financing.

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