Jump to navigation
Bitcoin’s price rose over the $30,000-mark even as the world’s most popular cryptocurrency registered a record ninth-weekly loss. However, the global cryptocurrency market is in green as most of the alt coins registered hefty gains.
This was the first time that Bitcoin went through more than six weeks in a row without a positive return.
Bitcoin’s price was up by 5.62 per cent to $30,613. The price of the world’s second largest cryptocurrency by market capitalization, Ethereum, was at $1,902, up by 7.02 per cent.
“Bitcoin and Ethereum showed some improvement by gaining nearly 5 per cent and 6 per cent each over the past 24 hours compared to their last two days’ performance. Bitcoin remains consolidated, but it may likely take some time to reach its strength level,” Edul Patel, Co-Founder & CEO of Mudrex, said.
“Bitcoin may rise above its initial resistance at $33,000 if buyers extend their support. This growth could keep the buyers active in the market,” Patel said.
XRP gained 5.39 per cent, Solana was up 9.88 per cent, Cardano rose 13 per cent, Stellar gained over 14 per cent, Polkadot was over 12 per cent, Dodgecoin rose over 6 per cent, Avalanche gained over 13 per cent, and Shiba Inu rose over 15 per cent.
ALSO READ | Rupee surges against US dollar | Check latest value
‘Yaad Ayenge Yeh Pal’: Remembering KK
100 Days of War: Amid Russia-Ukraine war, food security crisis only set to worsen
Explained | Population control law, its Constitutional roots and legal challenges
KK’s magical voice became a memory bookmark for every 90s kid
National Herald case: ED sends notice to Sonia, Rahul Gandhi
Bengal CM Mamata Banerjee announces gun salute for singer KK at Kolkata airport
Anu Malik calls KK a quiet, humble and unassuming gentleman
KK death: Eyewitness alleges massive overcrowding at Kolkata concert venue
Delhi Health Minister Satyendar Jain sent to ED custody till June 9 in money laundering case
KK’s preliminary post-mortem report rules out unnatural death; ED notice to Sonia, Rahul Gandhi; more
Remembering Krishnakumar Kunnath aka KK, Playback Singer Who Sang Through His Heart
Sidhu Moose Wala murder case: Punjab Police likely to take custody of Lawrence Bishnoi
Copyright © 2022 Living Media India Limited. For reprint rights: Syndications Today
Add IndiaToday to Home Screen