All cryptocurrencies including Bitcoin, Ether declined, Monero saw an increase


The weekend turned out to be disappointing for Bitcoin. While market experts predicted the volatility of the market, today that estimate also appeared to be correct. Bitcoin opened with a decline again today and its price reached close to $ 49,000 (about Rs 37 lakh). The price of bitcoin on Indian exchanges such as Coinswitch Kuber remains close to Rs 40 lakh. The world’s largest cryptocurrency fell 0.15 percent over the past 24 hours to $49,031.52 today, according to CoinMarketCap. While it hit this year’s all-time high at the beginning of November, the cryptocurrency is facing repeated declines in early December. Bitcoin is currently down almost 30 per cent from the all-time high of $69,000 (approximately Rs 52 lakh) it achieved earlier last month.

The crypto market saw a lot of turmoil last week, due to which a new variant of Kovid-19 was also Omicron. During this time, bitcoin fell to its lowest level in the last seven weeks. Where its price came to $ 54,000 (about 40 lakh rupees).

Ether no longer seems to follow bitcoin. Where earlier its price seemed to rise and fall along with bitcoin, now the reverse is being seen in the last several days. While Bitcoin registered a decline over the weekend, Ether closed up in its price. Talking about the global price, today’s trade also started with a rise in Ether. According to CoinMarketCap, the second most popular cryptocurrency rose 0.59 percent to $4,164.20 (about Rs 3.13 lakh). Ether has remained on the rise even during the downtrend in almost the entire cryptocurrency market. From this point of view, its strength is more visible than bitcoin.

According to Gadgets 360 Cryptocurrency Price Tracker, at the time of writing the news, the price of Ether had fallen by 1.68 percent. The price tracker was again seen painted completely red today. Binance Coin, Tether, Solana declined. In the last 24 hours, Binance Coin fell by 2.84 percent to $ 547.80 (about Rs 41 thousand), while Solana fell by 1.45 percent to $ 192.35 (about Rs 14 thousand). Tether fell 0.08 percent to $1.00, according to CoinMarketCap.

Talking about Mime Digital Coin, both Dodgecoin and Shiba Inu saw a decline. According to the Cryptocurrency Price Tracker, the price of Dodgecoin declined by 6.26 per cent and was trading at Rs 14.2 at the time of writing the news. At the same time, the price of Shiba Inu was running at Rs 0.002635 per token.

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