After the fall in Bitcoin in the past few days, now a slight increase has been registered. Which is recorded after a long time.
Mumbai: Cryptocurrency is one such currency, which remains mostly in the headlines. Many rules have been set in this regard. Because, in many countries it is also considered illegal. The most commonly heard name in cryptocurrency is bitcoin and bitcoin is trending a lot these days. These days you must have heard everyone talking about investing in bitcoin. After the fall in Bitcoin in the past few days, now a slight increase has been registered. Which is recorded after a long time.
Growth in cryptocurrencies:
Actually, the price of virtual coin Bitcoin, which has been on the number one crypto market for a long time, has registered a steady decline, but now there is some relief from the rise in Bitcoin. Thus on Monday, an increase of 5% has been recorded in the price of Bitcoin. After this increase, the price of bitcoin has once again reached near 20 thousand dollars. This figure has been released by CoinGecko. Notably, the market cap of the cryptocurrency has also increased by 6% to $914 billion after the release of the latest prices. Let us tell you that even after the bounce on Sunday, the latest prices are trading down 70% from their all-time high.
Expert says:
Paul Veradittakit (Expert), Partner at Pantera Capital, says that, ‘I think prices have come down to their lowest level. This is the reason why institutional investors see better buying opportunities at this level. Let us tell you that even after the bounce on Sunday, the latest prices are trading down 70% from their all-time high.
Expert says:
Paul Veradittakit (Expert), Partner at Pantera Capital, says that, ‘I think prices have come down to their lowest level. This is the reason why institutional investors see better buying opportunities at this level. Let us tell you that even after the bounce on Sunday, the latest prices are trading down 70% from their all-time high. However, this increase has seen a jump of 4 to 14% in the prices of Bitcoin as well as Stellar, Uniswap, XRP, Tether, Solana, Polkadot.
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