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Crypto market including Bitcoin went from red to green, 50% jump in MANA!

Crypto market including Bitcoin went from red to green, 50% jump in MANA!
Written by Arindam
Crypto market including Bitcoin went from red to green, 50% jump in MANA!

The price of bitcoin reached a level of $27,000 (about Rs 21 lakh) a day earlier after a record drop. This was the lowest level for bitcoin since 2020. The cryptocurrency market breathed a sigh of relief on Friday when the rest of the altcoins saw a significant increase in price with a correction in price for top cryptocurrencies such as bitcoin. However, Terra LUNA crashed completely in the meantime. The price of bitcoin, the world’s largest cryptocurrency, is trading at $30,400 (approximately Rs 23.5 lakh) on global exchanges. At the same time, the price of bitcoin is trading at $32,620 (about Rs 25 lakh) on the Indian exchange Coin Switch Kuber. Bitcoin is up 9 percent in the last 24 hours.

Global exchanges such as CoinMarketCap, Coinbase and Binance have also gained 10 percent in the price of bitcoin and is trading at $30,401 (approximately Rs 23.5 lakh). According to CoinGecko data, bitcoin is down 16 percent in week-to-day value. Ether is also seen in green today, taking the path of bitcoin. Ether was priced at $2,234 (approximately Rs 1.7 lakh) on Indian exchange Coinswitch Kuber at the time of writing the news, while its global price is $2,085 (approximately Rs 1.6 lakh) which is an increase of 10.62 per cent in the last 24 hours.

Gadgets 360 Crypto Price Tracker shows that today crypto price chart is mostly green in color. Avalanche, Cardano, Chainlink, Polygon and Solana have seen gains with double digits today. While stable coins like Tether, Binance USD and USDC have seen losses.

Shiba Inu and Dogecoin have also seen significant gains today. Dodgecoin is currently trading at $0.10 (approximately Rs.8) after a gain of 30 percent. This increase has been achieved by this meme cryptocurrency in the last 24 hours. The price of Shiba Inu is $0.0000014 (approximately Rs.0.00109), which is an increase of 29.45 percent compared to the previous day.

Terra, which came into limelight a few days ago by being included in the list of top growing coins, is now in the news due to complete crash. The Verified Twitter account of Terraform Labs said it will freeze new equity on the Terra blockchain to prevent further damage to its ecosystem. According to data from CoinGecko, the price of Luna dropped to zero on Thursday, while the UST stood at around 10 cents.

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Arindam

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