Almost a month after the majority of the crypto assets fell, the cryptocurrency market continues to be volatile. On Wednesday, July 6, bitcoin recorded a decline of 1.40 percent. According to the Indian exchange Coinswitch Kuber, BTC is currently trading at $20,420 (approximately Rs.16 lakh). It is worth mentioning that despite a small loss, BTC has managed to hold its value above the $20,000 (approximately Rs.15 lakh) mark. Small losses on international exchanges also affected bitcoin. According to Binance and CoinMarketCap, the value of BTC increased by 1.42 percent to around $19.882 (approximately Rs 15.70 lakh).
In a similar market movement, Ether showed minor downsides on national, international price charts. ETH price touched $1,157 (approximately Rs 91,800) on Gadgets 360 after seeing a drop of 1.35 percent. crypto price tracker,
cardano, solana, polka dotsAnd tron emerged among loss-making altcoins.
dogecoin And Shiba InuBoth the popular Memecoin saw a decline.
Stablecoins, making the most of current market sentiment tie rope And Binance USD Recorded marginal profit.
universe, dogefi, bitcoin hedgeAnd flex Managed to make small profits.
The crypto industry currently has a total market cap of $907 billion (approximately Rs 71,94,455 crore). CoinMarketCap,
In other crypto-related developments, Brazil has got its first crypto-dedicated investigative unit that will not only investigate related crimes, but also raise awareness about digital assets.
During this, FTX USThe US affiliate of cryptocurrency exchange operator FTX also struck a deal, which gives it the option to buy cryptocurrency company BlockFi for up to $240 million (about Rs 1,895 crore).
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.