The month of June 2022 was brutal in terms of bitcoin and the broader market correction. The world’s largest cryptocurrency fell more than 37 percent, recording its worst monthly performance since 2011. Since then, bitcoin has been consolidating around the $20,000 level (approximately Rs 15.8 lakh). As things stand, the world’s largest cryptocurrency by market cap is priced around $20,300 (approximately Rs 16.05 lakh) on global exchanges, while Indian exchange Coinswitch Kubera bitcoin is priced around $20,892 (approximately Rs 16.5 lakh). lakhs), which is above 5. Percentage in the last 24 hours.
The price of bitcoin on global exchanges like CoinMarketCap, Coinbase and Binance is $20,304 (approximately Rs 16.05 lakh), while CoinGecko information Shows that the value of BTC is currently down 1.8% on a week-to-day basis.
etherMeanwhile, the price also witnessed a substantial increase. At the time of publication, Ether is valued at $1,188 (approximately Rs 94,000) on CoinSwitch Kuber, while the value of the crypto is $1,163 (about Rs 92,003) on global exchanges, where the cryptocurrency has risen 10.34 percent over the past 24 hours. hours.
Despite Ether’s price volatility over the past 24 hours, the cryptocurrency’s value remains up 2.3 percent higher by its value Last week, according to data from CoinGecko.
Gadgets 360 cryptocurrency price tracker It turns out that several major altcoins have posted gains over the past few days – as the global crypto market capitalization has seen an increase of 5.83 percent in the past 24 hours. bnb, solana, polka dots, stellar, AvalancheAnd cardano While all the marked major benefits polygon, uniswapAnd universe Topped the charts with a gain of two points.
Memecoins Shiba Inu and Dogecoin have also seen some volatility during the day. dogecoin After gaining about 2.73 percent of the value in the last 24 hours, it is currently valued at $0.07 (approximately Rs.5.6), whereas, Shiba Inu Its value is $0.000011 (approximately Rs 0.000865), which is 4.98 percent higher than the previous day.
Singapore-based crypto lending and trading platform Wald said on Monday that Withdrawals and suspend trading And seek new investors, the latest sign of tension in the beleaguered crypto industry.
Wald said it has appointed legal and financial advisors, is in discussions with potential investors, and will also apply for an adjournment in the Singapore courts to have any proceedings stayed against it to give it time to reorganize. .
The cryptocurrency industry has been rocked by a series of collapses in recent months, including the failure of algorithmic stablecoins. TeraUSDUS-based large lender Celsius Network halted withdrawals and Singapore-based crypto hedge fund Three Arrows Capital entering into liquidation,
Cryptocurrency is an unregulated digital currency, is not legal tender and is subject to market risks. The information in this article is not intended to be financial advice, trading advice or any other advice or a recommendation of any kind offered or endorsed by NDTV. NDTV shall not be liable for any loss arising out of any investment based on any alleged recommendation, forecast or any other information contained in the article.