Crypto Market Down Today Bitcoin At 16 Month Low Other Cryptocurrency Price Also Falling Latest Update

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Large drop in the price of cryptocurrencies.

Large drop in the price of cryptocurrencies.
– Photo : Amar Ujala

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On Thursday, there was another big earthquake in the crypto market. The crypto market, which has been facing a downward trend since the past, saw a major drop in the prices of most of the currencies. Bitcoin, the world’s most popular cryptocurrency, appears to be at its worst, hitting a 16-month low. Apart from this, all the digital currencies included in the top-10 are trading on the red mark.

The price of bitcoin remained that way
The downward trend in the world’s most popular cryptocurrency bitcoin is not living up to its name. Thursday’s sharp drop has given investors such a shock that recovery seems difficult at the moment. Let us tell you that in the last 24 hours till the writing of the news, the price of bitcoin has fallen by more than 10 percent or Rs 2 lakh 35 thousand to just Rs 22,97,441.

Ethereum fell 19%
Along with bitcoin, Ethereum, the second most popular cryptocurrency in the top-10, has also given its investors a strong jolt. The price of Ethereum fell by 19 percent or Rs 35,356 and the cryptocurrency fell to Rs 1,56,476. Let us tell you that last November, Bitcoin and Ethereum reached their all-time highs and since then they have continued to fall except for a few days. Speaking of bitcoin, it is currently down 55 percent from its all-time high.

Binance-Ripple-Cardano mode
Thursday has turned out to be a dark day for the crypto market. Apart from Bitcoin and Ethereum, Binance Coin has lost 17.35 percent to Rs 20,707. On the other hand, when we talk about Ripple, it has registered a decrease of 26 percent. After this huge drop, the price of Ripple has dropped to Rs 30.69. It is also worth mentioning Cardano here. Cardano lost 27 percent in the last 24 hours to Rs 36.72, while Solana lost more than 29 percent to Rs 3,624.

Biggest fall in Shebainu
Not only the top-10 cryptocurrencies fell on Thursday, but most of the digital currencies in the market are in bad shape. Shiba Inu Coin, which is included in the top-10, has fallen by 31 percent and its price has decreased by Rs -0.000378 to Rs 0.000849. Dodgecoin is down 25 percent to Rs 6.42, while Polkadot is also down 25 percent to Rs 659.31. At the same time, the price of Litecoin fell 22.50 percent to Rs 4,978.

All but Tether declined
Tether Coin, which was included in the top-10 cryptocurrencies, was the only popular cryptocurrency that was also seen trading on the green mark on Thursday. At the time of writing, the price of Tether was up 0.61 percent or Rs 0.50 to reach Rs 82.91. Apart from this, if we talk about other cryptocurrencies present in the crypto market, Avalaunch has broken 25 percent, Polygon 33 percent, Bitcoin Cash 28 percent, Uniswap 23 percent and Baby Dodgecoin with 28 percent.

Expansion

On Thursday, there was another big earthquake in the crypto market. The crypto market, which has been facing a downward trend since the past, saw a major drop in the prices of most of the currencies. Bitcoin, the world’s most popular cryptocurrency, appears to be at its worst, hitting a 16-month low. Apart from this, all the digital currencies included in the top-10 are trading on the red mark.

The price of bitcoin remained that way

The downward trend in the world’s most popular cryptocurrency bitcoin is not living up to its name. Thursday’s sharp drop has given investors such a shock that recovery seems difficult at the moment. Let us tell you that in the last 24 hours till the writing of the news, the price of bitcoin has fallen by more than 10 percent or Rs 2 lakh 35 thousand to just Rs 22,97,441.

Ethereum fell 19%

Along with bitcoin, Ethereum, the second most popular cryptocurrency in the top-10, has also given its investors a strong jolt. The price of Ethereum fell by 19 percent or Rs 35,356 and the cryptocurrency fell to Rs 1,56,476. Let us tell you that last November, Bitcoin and Ethereum reached their all-time highs and since then they have continued to fall except for a few days. Speaking of bitcoin, it is currently down 55 percent from its all-time high.

Binance-Ripple-Cardano mode

Thursday has turned out to be a dark day for the crypto market. Apart from Bitcoin and Ethereum, Binance Coin has lost 17.35 percent to Rs 20,707. On the other hand, when we talk about Ripple, it has registered a decrease of 26 percent. After this huge drop, the price of Ripple has dropped to Rs 30.69. It is also worth mentioning Cardano here. Cardano lost 27 percent in the last 24 hours to Rs 36.72, while Solana lost more than 29 percent to Rs 3,624.

Biggest fall in Shebainu

Among the cryptocurrencies that fell on Thursday, not only the top-10, but most of the digital currencies on the market are in bad shape. Shiba Inu Coin, which is included in the top-10, has fallen by 31 percent and its price has decreased by Rs -0.000378 to Rs 0.000849. Dodgecoin is down 25 percent to Rs 6.42, while Polkadot is also down 25 percent to Rs 659.31. At the same time, the price of Litecoin fell 22.50 percent to Rs 4,978.

All but Tether declined

Tether Coin, which was included in the top-10 cryptocurrencies, was the only popular cryptocurrency that was also seen trading on the green mark on Thursday. At the time of writing, the price of Tether was up 0.61 percent or Rs 0.50 to reach Rs 82.91. Apart from this, if we talk about other cryptocurrencies present in the crypto market, Avalaunch has broken 25 percent, Polygon 33 percent, Bitcoin Cash 28 percent, Uniswap 23 percent and Baby Dodgecoin with 28 percent.



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