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Home Business & Corporates

Cryptocurrencies bounce back from dip; Bitcoin, Ether, altcoins gain

Lagatar News by Lagatar News
January 13, 2022
in Business & Corporates
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Lagatar24 Desk

Mumbai, Jan 13: The global crypto market has finally rebounded back after days of lethargic activity, with the bulk of cryptocurrencies opening with gains on Thursday, January 13. On Indian market CoinSwitch Kuber, Bitcoin, the world’s oldest cryptocurrency, is presently selling at $47,025 (approximately Rs. 34.7 lakh), up 1.78 percent. Bitcoin has risen over 2% on international markets such as Binance and CoinMarketCap, increasing its trading value to over $43,598. (roughly Rs. 32.2 lakh).

Ether, like Bitcoin, increased by 3.14 percent. According to Gadgets 360’s crypto price tracker, Ether is currently selling at $3,619 (approximately Rs. 2.6 lakh).

Today’s gainers include Cardano, Ripple, Polkadot, and Polygon.

Even meme-based dog coin rivals Dogecoin and Shiba Inu have rebounded up the price ladder after weeks of value drops. DOGE is presently trading at $0.18 (approximately Rs. 13), whereas SHIB is currently trading at $0.000035. (roughly Rs. 0.002555).

In the following days, industry experts forecast a “bullish return” of the crypto market momentum.

Despite the market’s general rise, several cryptocurrencies failed to gain ground.

Minor losses were experienced by Tether, USD Coin, Chainlink, and Uniswap.

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