Bitcoin, Ether prices recover, Dogecoin rises with Elon Musk’s announcement

Bitcoin (Bitcoin) saw an overall drop of 3.43% in its value on Tuesday but in the last 24 hours this popular and oldest cryptocurrency has made some recovery by performing well. At the time of writing the news, Bitcoin had recovered over 2.07%. Currently the price of this bitcoin on the Indian exchange CoinSwitch Kuber is $51,718 (approximately Rs 39.05 lakh). At the time of writing the news, on an international exchange like CoinMarketCap, the price of bitcoin was around $48,684 (approximately Rs 36.76 lakh).

Along with Bitcoin, the second largest crypto coin Ether has also performed well. The coin has seen an increase of 1.58% in the last 24 hours as against a drop of almost 7% on Monday. At the time of writing this, the price of this coin on CoinSwith Kuber was $4,132 (approximately Rs.3.12 lakh). At the same time, its price on CoinMarketCap was $3,884 (about Rs 2.93 lakh).

The Gadgets 360 Cryptocurrency Price Tracker showed that several altcoins also performed well in the last 24 hours.

Cardano, Ripple, Litecoin, Polygon, Uniswap saw a rise in their prices, while Tether, Polkadot saw a fall in prices.

On the other hand, Dogecoin saw a tremendous increase of 12.44% in price and as of the writing of DOGE news, $0.19 (approx Rs.14.45) and Shiba Inu is up by around 1.66% to $0.000034 (approximately Rs.0.002563). ) was trading.

This increase in the price of Dodgecoin appears to be due to Elon Musk. Musk has been named Time Magazine’s “Person of the Year” and said in an interview with the publication that the meme-based DodgeCoin is much better than Bitcoin for daily payments. He later announced Tweet Said that Tesla would take DOGE as payment for select merchandise. Dogecoin’s official Twitter account also shared a clip of Musk’s interview. Post Did.