The price of the most valuable crypto by market value has been hovering around the $20,500 (roughly Rs. 16.2 lakh) mark over the past day, staying above the key support level of $20,000 (roughly Rs. 15.8 lakh) for the third consecutive day. Before a late weekend surge, Bitcoin had dropped below the psychologically significant milestone of the previous week. As things stand, the price of the world’s largest cryptocurrency by market value is hovering around the $20,300 (roughly Rs. 16.05 lakh) mark across global exchanges while Indian exchange CoinSwitch Kuber values Bitcoin at $20,801 (roughly Rs. 16.45 lakh), up by 0.55 percent in the past 24 hours.
On global exchanges like CoinMarketCap, Coinbase, and Binance the price of Bitcoin stands at $20,323 (roughly Rs. 16.08 lakh) while CoinGeckoshows that BTC’s value is currently down up 1.3 percent week-to-day.
, meanwhile, witnessed a minor rise in value too. At the time of publishing, Ether is valued at $1,173 (roughly Rs. 92,800) on CoinSwitch Kuber while values on global exchanges see the crypto’s value at $1,174 (roughly Rs. 93,000), where the cryptocurrency has gained 3.03 percent over the past 24 hours .
Ether’s price movement over the past few days has pushed the cryptocurrency’s value to a 7.1 percentwhen compared to last week, as per CoinGecko data.
Gadgets 360’sreveals that a number of better-known altcoin marked gains over the past day although a few have witnessed some dips too — as the global crypto market capitalization saw a rise of 1.15 percent in the last 24 hours.
, , , , and all marked gains while , , and marked minor dips on the day.
Memecoins Shiba Inu and Dogecoin have also witnessed minimal ups on the day.is currently valued at $0.06 (roughly Rs. 5.5) after gaining some 0.61 percent in value over the last 24 hours, while, is valued at $0.000011 (roughly Rs. 0.000848), up by 0.59 percent over the past day.
The biggest story in the crypto industry this week so far has been Voyager Digital’swhich will allow the company to restructure with the goal of repaying at least some of its creditors.
Just a few days after cryptocurrency hedge fund Three Arrows Capital, Voyager Digital filed for chapter 15 protection in conjunction with an ongoing liquidation operation that was ordered by a court in the British Virgin Islands.
The crypto industry has been shaken by a series of collapses in recent months including the failure of algorithmic stablecointhe large US-based lender Celsius network pausing withdrawals, and Singapore-based crypto hedge fund Three Arrows Capital ,
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