Latest News

The most valuable and longest cryptocurrency in the world, Bitcoin (BTC), was able to maintain its $27,000 level over the weekend. On the other side, Ethereum (ETH) lost the $1,800 peg as the market as a whole suffered marginal losses. Dogecoin (DOGE), Ripple (XRP), and Solana (SOL), among other well-known altcoins, all experienced a blend of red and green price movements. With a 24-hour gain of more than 8%, the ssv.network (SSV) token appeared as the top gainer of the group. At the time of writing, the market capitalization of all cryptocurrencies was $1.16 trillion, representing a marginal 24-hour increase of 0.84 percent.Bitcoin price todayAccording to CoinMarketCap, the price of one bitcoin was $27,909.60, up 1.26 percent over the previous day. BTC was currently priced at Rs 24.15 lakh, according to Indian market WazirX.Ethereum price todayAt the moment of writing, the price of ETH was $1,766.57, an increase of 0.87 percent over the previous day. According to WazirX, the price of ethereum in India was Rs 1.53 lakh.Dogecoin price todayAccording to data from CoinMarketCap, the 24-hour price of DOGE, which is presently trading at $0.07388, fell by 0.72 percent. The price of Dogecoin in India was Rs. 6.42, according to WazirX.Litecoin price todayThe 24-hour decline for Litecoin was 0.58 percent. Its price at the moment of writing was $92.61. The cost of LTC was Rs 8,199.49 in India.Ripple price todayThe price of XRP was $0.4543, up 1.02 percent over the previous day. The price of ripple was Rs 39.79, according to WazirX.Solana price todayThe price of solana was $20.69, up 0.25 percent over the previous day. SOL cost Rs 1,974.99 in India, according to WazirX.

Even after the rate increases, Bitcoin increased by more than 3% to reclaim the $28,000 mark, and Ethereum, its biggest peer, increased by about 4% to reclaim the $1,800 level.Bitcoin and other crypto tokens were selling higher on Friday even though the US Federal Reserve raised interest rates by an additional 25 basis points. The unrest in the financial industries sparked some interest in the market for digital tokens. Some well-known blue-chip coins were devoured by traders.As the markets processed the US Fed rate hikes, Bitcoin increased by more than 3% to reclaim the $28,000 level. Ethereum, its biggest rival, gained about 4% and reclaimed the $1,800 mark. Altcoins beat the market leaders, increasing by up to 22%.All other major crypto tokens were trading with respectable gains on Friday, with the exception of stablecoins pegged to the US dollar. Tron increased by more than 7%, Litecoin increased by 6%, Avalanche and Dogecoin both increased by 4%, and XRP, Polkadot, and Solana each increased by 3%.With significant increases, the market capitalization of all cryptocurrencies was trading at $1.18 trillion, up more than 3% over the previous day. However, the total trading amount fell nearly 19%, or $55.11 billion, overall.The interest rate hike revealed by the Fed at its most recent FOMC meeting sparked a strong reaction in the cryptocurrency market. According to Dhruvil Shah, SVP of Technology at Liminal, Bitcoin was ready to test the $30,000 mark but lost momentum after the Fed maintained its hawkish attitude to rein in soaring inflation.Ethereum and other digital assets displayed a similar upward tendency, while Bitcoin recovered from the Fed shock today and is back above the $28,000 mark. We can anticipate limited market development due to high borrowing costs as the Fed may continue its gradual rate hike to manage the health of the economy.

Due to profit taking and bad news about Credit Suisse bank, Bitcoin and other crypto tokens were selling in the deep red on Thursday. The markets for riskier commodities are likely to be most concerned about a liquidity crunch, especially in light of Silicon Valley Bank's failure.Bitcoin was once again above the predetermined psychological levels after trying the $24,000 level and had fallen more than 1% in the previous day. However, Ethereum, which is its biggest rival, reported a larger decrease and was below the $1,700 mark. Altcoin, however, experienced a severe drop.On Thursday, all other well-known crypto tokens were trading with significant losses aside from the stablecoins linked to the US dollar. Avalanche experienced a 10% decline, whereas Litecoin, Shiba Inu, and Solana all experienced 8% declines. Polkadot and Cardano both lost 6 percent, while Polygon fell by 7 percent.The market capitalization of all cryptocurrencies was down significantly, trading at $1.17 trillion, after dropping as much as 3% over the previous day. Similar to this, overall trading volume fell by close to 21%, or about $81.03 billion.

On Wednesday, cryptocurrencies continued to increase. The market capitalization of all cryptocurrencies was $1.1 trillion, with $102.4 billion in traffic traded in the previous day.BitcoinThe biggest and most well-known virtual currency in the world, Bitcoin, increased 2.3 percent to $24,838.4 after momentarily crossing the $26,000 mark. Its market valuation was 481.4 billion dollars. The value of the trade was $55 billion.EthereumEthererum, also known as Ether, the second-largest virtual currency, increased 2.3 percent to $1,707, with a market capitalization of $209.5 billion. In the previous day, Ethereum trades were worth $16.4 billion.DogecoinThe virtual currency Dogecoin, which is founded on memes, increased by 4.4 percent on Wednesday. It had a $10 billion market worth. There were $660.7 million worth of transactions.Solana Solana share price dropped 3% to $23.8 and now has a $9 billion market value. $527.3 million worth of Solana trades were made in the previous day.Shiba Inu Shiba Inu market capitalization rose by 2.9 percent to $6.2 billion. $516.5 million worth of transactions were made over the past 24 hours.Polygon Polygon market capitalization decreased by 2.7 percent to $10.5 billion. In the previous 24 hours, there were $1 billion worth of trades.