Sunday , November 24 2024

Bullish trend in crypto currency market, bitcoin crosses 63 thousand dollars

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New Delhi, July 16 (HS). The crypto currency market is generally bullish today. Out of the top-10 crypto currencies in terms of market cap, 7 are trading strongly in the green zone, while 2 were trading in the red zone with a slight decline. Apart from this, there has been no change in the price of one crypto currency during the last 24 hours. Due to today's rise, the world's largest crypto currency Bitcoin is once again trading at the level of 63 thousand dollars, jumping by about 1,300 dollars.

According to Coin Market Cap, the authorized agency to trade crypto currency in India, as of 6 pm today, Bitcoin was trading at $ 63,758.01 i.e. Rs 53.29 lakh with a jump of 2.14 percent according to Indian time. Similarly, the price of Ethereum also jumped by 2.37 percent today to $ 3,415.35. Apart from Bitcoin and Ethereum, BNB was trading with a strength of 1.69 percent, Solana 3.95 percent, USD Coin 0.03 percent, XRP 2.06 percent and Dogecoin 4.33 percent. On the other hand, Toncoin was trading with a weakness of 0.05 percent and Cardano 0.28 percent. There is no change in the price of Tether today.

According to Coin Market Cap, the global market cap of crypto currency has registered a growth of 2.01 percent during the last 24 hours of trading. Currently, the global market cap of crypto currency has increased to $2.33 trillion i.e. around Rs 194.75 lakh crore. With the increase in the global market cap, the transactions of crypto currencies have also increased during the last 24 hours. During this period, a total of $9,332 crore i.e. Rs 7.80 lakh crore worth of crypto currency was transacted, which is 27.02 percent more than 1 day ago. If we talk about the world's largest crypto currency Bitcoin, despite the rise in price, the position of this virtual currency in the crypto currency market has weakened by 0.05 percent during the last 24 hours of trading, due to which its market share has come down to 53.80 percent.