At the same time, the price of bitcoin on global exchanges is at the level of $ 47,000 (about Rs 35.5 lakh). At the time of writing this, its global price was trading at $47,262 (approximately Rs 36 lakh), which is a decline of 0.93% in the last 24 hours. Data from CoinGecko showed that the world’s largest cryptocurrency was painted green last week and increased its value by 11.3%.
Ether, the world’s second largest cryptocurrency, is still grabbing the attention of investors. The price of Ether on the Indian exchange CoinSwitch Kuber stood at $3,469 (approximately Rs 2.5 lakh) at the time of writing this news. Whereas on global exchanges this cryptocurrency is trading at $3,377 (about Rs 2.5 lakh). The price of Ether has seen a drop of 0.61% in the last 24 hours. Data from CoinGecko shows that the price of Ether has gained 13 percent over the past week. Whereas in the last one month, it has increased its value by 28 percent.
The Gadgets 360 Cryptocurrency Price Tracker shows that the rest of the popular altcoins have followed a similar trend, with most tokens registering a slight decline in prices. The global value of the cryptocurrency market is down 0.83 percent in the last 24 hours. Cardano, Polygon, Binance Coin, Avalanche declined marginally while Chainlink was the only cryptocurrency to gain.
There has also been a significant decline in Mim Coins. The price of Dogecoin has declined by 2.92 percent in the last 24 hours and is currently trading at $0.14 (approximately Rs.11). Meanwhile, the Shiba Inu price is down 1.09 percent in the last 24 hours and is currently trading at $0.00028 (approximately Rs.0.002).
Even though the entire crypto market has seen a downturn, digital assets investor firm CoinShares says that a huge inflow of $193 million (about Rs 1,460 crore) was recorded in crypto funds last week. Bitcoin dominated with 50 percent of the total inflows.