According to Gadgets 360’s crypto price tracker, Ether price in India today has also declined by 4.08 percent, after which, at the time of writing, it was valued at $3,105 (approximately Rs 23,000) per token. ETH also posted major losses on international exchanges. Its price was down 5.83 percent at $2,900 (around Rs 2.15 lakh) on CoinMarketCap, and on other Indian exchanges, including CoinDCX, it was trading down 4.79 percent at around $3,053 (about Rs 2 lakh).
At the time of writing, the prices of Binance Coin, Ripple, Cardano, Solana, Terra, and Avalanche were also down between three and seven percent.
Dogecoin and Shiba Inu were moving with profits for the past few days, but today they seem to be falling.
Where the price of DOGE was down by 3.59 percent to $0.15 (about Rs.11). At the same time, SHIB token was trading down 5.44 percent at $0.000031 (approximately Rs.0.002326).
Tether, USD Coin, Neo, and Binance USD were the only altcoins that at the time of writing this were trading at marginally but profitably.
CoinDCX’s research team told Gadgets 360, “While the crypto market is volatile due to the uncertainty of global issues such as Russia-Ukrainian tensions, institutional support is necessary to create greater trust and credibility for this market and is important.”<!–
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