The cryptocurrency market is struggling to generate a momentum. This situation was seen on Monday as well. Due to no major developments, the prices traded flat. Bitcoin (Bitcoin) prices improved by 2.72 percent in the last 24 hours. In global exchanges, its price is increasing beyond the mark of 20 thousand dollars , while the price of BTC on the Indian exchange Coinswitch Kuber is at 20,199 dollars. This is 1.36 percent higher than the call.
The price of Bitcoin on global exchanges like CoinMarketCap, Coinbase and Binance is 20,406 dollars (about 16.3 lakh rupees). While data from CoinGecko shows that the price of BTC is currently 4.4 percent lower than last Tuesday.
On the other hand, Ether has performed well in the past few days. Ether is priced at $1,535 on Coinswitch Kuber, while its price is $1,570 on global exchanges, where the price of this cryptocurrency has increased by 7.96 percent in the last 24 hours. However, according to the way the prices used to be seen in the case of Ether, land has yet to be made for Ether.
Gadgets 360’s cryptocurrency price tracker shows that most major altcoins have seen gains over the past few days. The global crypto market capitalization has also increased by 4.3 percent on Monday and early Tuesday.
However, many cryptocurrencies have also seen declines. In the last 24 hours, Cardano, Polygon, Polkadot, Uniswap, Cosmos, Solana, Monero, Cosmos, Avalanche and BNB have lost their prices.
Popular Shiba Inu and Dogecoin have recorded profits as meme coins. After a gain of 2.01 percent in the last 24 hours, the price of Dogecoin is currently $0.07 (approximately Rs. 5.7), while the value of Shiba Inu is $0.001013 . It is 5.99 percent higher than the previous day.
Recently, a crypto exchange named KuCoin claimed that there are currently 115 million crypto investors in India, which is 15% of its population. Most crypto investors are between the ages of 18 and 60. But despite having such a number, India is not implementing crypto payments in the country. However, crypto trading, sales and purchases were introduced in the country at the beginning of the year under a tax system.