Improvement is visible in the crypto market, bitcoin is 17 lakhs and ether crosses Rs 1 lakh

After a long time in the cryptocurrency market, trade openings are being seen with great gains. Friday’s day brought news of great relief for investors when the crypto price chart appeared green in color. The price of bitcoin today, ie on July 8, reached 22 thousand dollars (about Rs 17.60 lakh). The price of bitcoin on Indian crypto exchange CoinSwitch Kuber rose by 6.82 percent. The price of bitcoin on international exchanges has seen more gains than this. For example, on exchanges like Binance and Coinbase, the price of bitcoin has risen above 8.25 percent and is trading at $22,079 (approximately Rs.17 lakh).

The effect of the rise in the price of bitcoin was also reflected in the price of ethereum. According to the Gadgets 360 Crypto Price Tracker, the price of Ether has risen by 6.23 percent today. Ether is currently trading near $1,267 (approximately Rs 1 lakh). Apart from this, other popular altcoins have also seen a significant increase today. Binance Coin, Ripple, Cardano, Solana, Polkadot, and Avalanche all registered significant gains today.

Both the Shiba Inu and Dodgecoin tokens have seen an increase in the Mime cryptocurrency. In terms of gains, Dodgecoin today lags behind the Shiba Inu. Dodgecoin is up 0.7 percent today while the Shiba Inu is up more than 3 percent. At the time of writing this, the price of Dodgecoin in India was at Rs 5.60 while the price of Shiba Inu in India is trading at ₹ 0.000879.

The green color may have dominated the cryptocurrency market today, but there are some tokens that have suffered losses. Tether, USD Coin, Monero were the names of the tokens that registered a fall in the price. The total capitalization of the crypto market has increased by 5.54 percent in the last 24 hours. It is currently trading at $968 billion (about Rs 76,75,798 crore), according to data from CoinMarketCap.

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