Sunday , November 24 2024

Crypto currency market booms, Bitcoin crosses 71 thousand dollars

New Delhi, May 21 (HS). The crypto currency market is in full swing on Tuesday. Out of the top-10 crypto currencies in terms of market cap, only two are trading in the red zone with a slight decline today, while 8 crypto currencies including the world's largest crypto currency Bitcoin and the second largest crypto currency Ethereum are strong. Also seen doing business in the green zone. In today's trading, Bitcoin has once again crossed the level of 71 thousand dollars. At the same time, Ethereum has registered a strength of more than 20 percent today.

According to the information received from Coin Market Cap, the agency authorized to trade crypto currency in India, till 5 pm Indian time today, Bitcoin was trading at the level of $ 71,088.85 i.e. Rs 59.23 lakh with a strength of 5.65 percent. Similarly, the price of Ethereum also jumped by 20.19 percent today and reached the level of $ 3,736.42.

Apart from Bitcoin and Ethereum, BNB was trading with a strength of 7.76 percent, Solana by 2.27 percent, XRP by 5.57 percent, Dogecoin by 7.69 percent, Toncoin by 3.22 percent and Cardano by 7.36 percent. On the other hand, Tether was trading marginally lower by 0.03 per cent and USD coin by 0.02 per cent.

According to the information received from Coin Market Cap, the global market cap of crypto currency has declined by 7.71 percent during the last 24 hours of trading. Currently, the global market cap of crypto currency has increased to 2.62 lakh crore dollars i.e. about 218.29 lakh crore rupees.

With the increase in global market cap, there has been an increase in transactions of crypto currencies during the last 24 hours. During this period, a total of $ 14,239 crore i.e. Rs 11.86 lakh crore worth of crypto currency was transacted, which is 132.93 percent more than the day before. If we talk about the world's largest crypto currency Bitcoin, then despite the rise in price, during the last 24 hours of trading, the position of this virtual currency in the crypto currency market has weakened by 1.02 percent, due to which its market share has come down to 53.50 percent. Is.