Thursday , December 26 2024

Bitcoin now loses $96,000 level in bullish reversal


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Mumbai: The global cryptocurrency market continues to be in a bullish phase. After the victory of Donald Trump in America, the record rally has been broken and the prices of various cryptocurrencies have been falling continuously for the last few days. We. Bitcoin prices have been falling over the past week as a result of the Federal Reserve’s cautious approach last week.

Last week saw the first weekly decline in the price of Bitcoin since Donald Trump’s victory. The decline is seen continuing. Meanwhile, Bitcoin (BTC) continued to rise and the price lost the $96,000 level to reach $95519. According to CoinMarketCap, the price of Bitcoin has fallen by 0.76 percent in a day. According to the Indian exchange, the price of BTC has become Rs 81.34 lakh.

Among other cryptocurrencies, the ETS price of Ethereum has declined by 0.03 percent to $ 3319.18 i.e. Rs 2.82 lakh. In India, Dogecoin has increased by 1.63 percent to $ 0.3152 i.e. Rs 26.87. The price of Litecoin increased by 4.17 percent to $ 102.64 i.e. Rs 8732. The global market capitalization of cryptocurrencies has also fallen to the level of $3.34 trillion.