Ether, the world’s second largest cryptocurrency by market cap, has also fallen in the past few days. At the time of writing the news, Ether price in India today on CoinSwitch Kuber was $2,877 (approximately Rs. 2 lakhs), while on global exchanges this coin was trading at $2,744 (approximately Rs. 2 lakhs), which was the lowest in the last 24 hours. There is a decline of 6.51 percent in Data from CoinGecko shows that the price of the cryptocurrency has risen by more than 5 percent compared to the price of ether a week ago.
Also read: Bitcoin, Ether Drop in Value as Russian Sanctions Put Crypto Exchanges in the Spotlight
Gadgets 360’s cryptocurrency price tracker suggests that crypto enthusiasm in Russia and Ukraine may be waning. Binance Coin, Terra, and Avalanche, which saw huge profits earlier this week, have fallen in the last 24 hours. Apart from this, the prices of Polygon, Polkadot, Cardano, and Solana have also registered a decline. In the last 24 hours only stablecoins seem to be trading in profit.
Mime coin Shiba Inu and Dogecoin are also trading in losses like the rest. Dogecoin price in India today was $0.14 (approximately Rs 10.5) after a decline of 4.88 per cent in the last 24 hours, while Shiba Inu price in India was $0.000026 (approximately Rs 0.0019), up from Rs. 4.47 percent less in 24 hours.<!–
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