Today there was a fall in the prices of Bitcoin, Ether, but these cryptos including Dogecoin did wonders

Bitcoin performed well earlier this week, but as we head into the end of the week and Christmas two days later, it appears that investors have decided to slow down the pace of bitcoin. Took his foot off the pedal. Bitcoin price reached $47,500 (approximately Rs 35.86 lakh) earlier this week with a strong gain of over 5 per cent, but failed to cross the $50,000 (approximately Rs 37.72 lakh) mark. At the time of writing the news, the value of bitcoin is down 0.97 percent in the last 24 hours and its price on Indian exchange CoinSwitch Kuber was $51,053 (approximately Rs 38.51 lakh). Whereas, its price fell by 1.71 percent on global exchange CoinMarketCap and this coin was trading at $48,523 (about Rs 36.59 lakh).

According to CoinGecko, the nice rally in bitcoin’s price earlier this week has not had a significant impact on its weekly value. Over the past week, the price of bitcoin has seen an overall decline of 0.7 percent.

Something similar happened with Ether, as the native cryptocurrency of the Ethereum blockchain debuted on Wednesday with a 0.27 percent drop. However, over the past 24 hours, the world’s second most popular cryptocurrency remained in the red on the charts, down 1.68 percent. As of writing the news, Ether Price in India on CoinSwitch Kuber was $4,163 (approximately Rs 3.14 Lakh) while its value on CoinMarket Cap was $3,950 (approximately Rs 2.98 Lakh).

Gadgets 360’s cryptocurrency price tracker shows that other popular altcoins are currently performing well, despite the decline in these top coins. Cardano, Polygon, Uniswap and Polkadot were the best performers, while Tether, Ripple, and Chainlink were also among the gainers.

The mime coin Dogecoin also saw an increase of 1.2 percent and as of writing the news, this coin was trading at $0.18 (approximately Rs.13.90). Its biggest rival Shiba Inu was trading at $0.0000035 (about Rs.0.002631) with an increase of 3.34 percent at that time. This week SHIB has seen tremendous growth as compared to last week. Its price has seen an increase of 4 percent.