Bitcoin again below 22 thousand dollars, know how is the condition of the rest of the cryptocurrency

The cryptocurrency market has once again come under selling pressure after a strong showing last week. BTC has shown signs of selling pressure over the weekend. The value of bitcoin has seen a drop of 2.56 percent in the last 24 hours. Its price on global exchanges is close to $21,800 (approximately Rs 17.44 lakh), while on Indian exchange Coinswitch Kuber, bitcoin is valued at $ 23,316 (approximately Rs 18.65 lakh), down 0.6 per cent in the last 24 hours. The price of bitcoin on global exchanges such as CoinMarketCap, Coinbase and Binance is $21,785 (approximately Rs 17.43 lakh), while data from CoinGecko shows that the value of BTC is currently up 4.8 percent week-to-day.

Meanwhile, Ether continued its gains till Sunday, although it did not start well on Monday. Ether is valued at $1,622 (approximately Rs 1.30 lakh) on CoinSwitch Kuber at the time of writing this, while it is worth $1,515 (approximately Rs 1.21 lakh) on global exchanges and the cryptocurrency has slipped more than 2.64 per cent in the last 24 hours.

Gadgets 360’s cryptocurrency price tracker also shows downside conditions for most altcoins as well. At the same time, the global crypto market cap has seen a decline of 2.42 percent at the beginning of Monday.

Cryptocurrencies like Cosmos, Solana, TRON, Stellar, Avalanche, Cardano and Chainlink are seen in red. BNB, Polygon and Uniswap are some of the cryptocurrencies that have posted profits in the last 24 hours.

Popular Shiba Inu and Dogecoin have also posted losses in the form of mime coins. Dodgecoin is currently valued at $0.06 (approximately 5.54), while the Shiba Inu is priced at $0.0000012 (approximately Rs 0.000968) after a drop of around 3.20 per cent over the past 24 hours. This is 1.63 percent less than the previous day.

Speaking to Gadgets 360, Edul Patel, co-founder of crypto investment firm Mudrex, said that after touching the level of $23,000 (about Rs 18.4 lakh) last week, bitcoin fell to the level of $22,000 (about Rs 17.6 lakh) on Sunday. Gone. Despite Tesla’s announcement to sell 75 percent of its BTC holdings, BTC has maintained selling pressure, rising nearly 6 percent over the past week.

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