News Update

Bitcoin continues to grow, other coins disappointed except Ether and Shib inu


 

Bitcoin’s price on Monday also brought good news to investors, after hitting the $56,000 mark last week. The world’s most popular crypto asset is now aiming for a new record. If the growth rate continues like last week, it should come as no surprise that the largest cryptocurrency is once again breaking its own record. 

Gadgets360’s cryptocurrency price tracker data shows that altcoins are not making big moves like bitcoin. The value of ether has risen by 0.73% in the past 24 hours. At least she stayed the same. Ether started the week with a close of Rs 2,75,960 (about $3,698). If you look at last week’s numbers, a lot of growth was needed last week. This cryptocurrency, which is linked to the Ethereum blockchain, has yet to gain momentum like bitcoin. But it can be said that in the cryptocurrency charts of recent days, this second-largest cryptocurrency often only appears in green.

The week has not started well for Cardano, Ripple, Polkadot and Uniswap, which are slightly lower in the list of popular cryptocurrencies. All of these products have seen their price drop by 1 to 2%. As the price of dogecoin also continues to fall. DOGE opened trading today at Rs 18.45 (around $0.24), down 3.95% after a sharp jump early last week. Meanwhile, the  Shiba Inu ‘Dogekiller’ continues to climb with a growth of 1.92 per cent. 

Edul Patel, CEO and co-founder of Mudrex, says: “The crypto market has grown steadily over the past 24 hours. Bitcoin, the largest cryptocurrency by market cap, continues to rise for its massive rally. In the next 24 hours, this session could bring yet another lucrative news. Traders should keep a close eye on the market as the RSI is  62 and the Fear and Greed Index is 71.”

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