Light loss in Bitcoin, Ether today, all popular altcoins fall except stable coins

The recovery in the cryptocurrency market continues but volatility still persists, an example of which has been seen again today. On Friday, the price of bitcoin has once again recorded a loss of 1.15 percent. According to the Indian crypto exchange Coinswitch Kuber, on August 19, ie today, it fell by almost 2% from its previous day’s price to $ 24,979 (about 20 lakh rupees). It is trading at $ 22,823 (about Rs 18 lakh) on global exchanges like Coinbase and Binance. Its global price has declined by 2.53 percent in the last 24 hours. However, investors are relieved that bitcoin has not lost its overall value after the current fall.

Bitcoin as well as Ether price are in a slight loss today. Partha Chaturvedi, Crypto Ecosystem Lead at CoinSwitch Kuber, told Gadgets 360 that after a slight softening in the inflation rate in the US, the prices of crypto assets also traded in a similar increase, but during the week the price gains were again low. Done. Ether has lost over 7 percent today. At the time of writing this news, it was trading at Rs 1,36,450 on the Indian exchange Coinswitch Kuber.

Gadgets 360 Cryptocurrency Price Tracker shows that today all popular altcoins have declined except stable coins. These include bitcoin and ether, the world’s two largest cryptocurrencies. Among the stable coins, Tether, USD Coin, Binance USD were the coins which appeared in green color today. Apart from this, all other popular digital coins were seen painted in red.

If you look at the Mime cryptocurrencies Dogecoin and Shiba Inu, both have registered a huge decline today. Dodgecoin has lost 12 percent in price in the last 24 hours. It is currently trading at $0.06 (approximately ₹5.51) while Shiba Inu is priced at ₹0.001029, which is a 14 per cent loss today compared to the previous day.

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