Prices of these crypto coins including Bitcoin, Ether increased today, but Tether and Ripple disappointed

Bitcoin price started the day today with a rise of 4.55%. The day before Christmas, that is, on December 24, investors are showing kindness on almost all the big crypto coins. At the time of writing the news, the price of bitcoin on the Indian exchange CoinSwitch Kuber was $53,305 (approximately Rs 40 lakh). This is the first time in the past few days that bitcoin has crossed the $51,000 (about Rs 38 lakh) mark. At the same time, on global crypto exchange CoinMarketCap and Binance, the value of bitcoin was around $50,973 (about Rs 38 lakh).

Ether has also seen decent growth like Bitcoin. The world’s second largest coin has seen a gain of 2.37%. According to Gadgets 360’s crypto price tracker, Ether price in India was $4,285 (approximately Rs 3.2 lakh) per token at the time of writing this news.

Altcoins like Cardano, Polkadot, Dogecoin, and Shiba Inu also performed well today and their trading charts are showing green color.

However, there are some cryptocurrencies as well, which are not able to make a mark in this festive week. Today the prices of Tether, Ripple, USD Coin, and Polygon have seen a slight decline.

“The weekend has arrived, and with it comes retail traders who need to be careful while trading heavily. “Small whales can easily manipulate the crypto market,” Edul Patel, CEO and co-founder of cryptocurrency investment firm Mudrex, told Gadgets 360.