Bitcoin, Ether, Dogecoin price rise marginally, some coins not having a good day

The first day of 2022 looked good for Bitcoin, but trading has slowed down since then. The past month since the massive crash of May 2021 proved to be quite a bad one for Bitcoin. In the last 24 hours, the value of bitcoin was down by 0.28%. Where on the one hand its price (Bitcoin price in India today) on the Indian crypto exchange CoinSwitch Kuber was $50,429 (about Rs 37.5 lakh). At the same time, the most popular cryptocurrency on the global crypto exchange CoinMarketCap saw a drop of 0.32%, and was trading at around $46,939 (approximately Rs 34.92 lakh) at the time of writing this news.

Unlike Bitcoin, the beginning of the year saw a rise in the price of Ether. The world’s second most popular cryptocurrency is up almost 2% in the past 24 hours. At the time of writing the news, the price of Ether in India today on CoinSwitch Kuber was $4,083 (approximately Rs 3.03 lakh), while it was priced at $3,796 (approximately Rs 2.82 lakh) on the global exchange.

According to the Gadgets 360 cryptocurrency price tracker, most of the popular altcoins have seen volatility in trading. Tether, Ripple, Cardano, and Polygon all saw price declines, while Uniswap, Litecoin, Chainlink, and Polkadot were the coins that saw the biggest losses during the day.

The weekend for Mime Coins is also not said to be very good, but some coins have seen a slight increase. Dogecoin price in India today saw a 0.5% increase in 24 hours and was trading at $0.18 (approximately Rs.13.78). The price of Shiba Inu (Shiba Inu price in India today) was up 0.7% at $0.000036 (approximately Rs.0.002705).

According to CoinGecko, the value of bitcoin has fallen by more than 7% over the past week, even though the cryptocurrency has gained over 46.8% year-on-year.