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Bitcoin has managed to break above $36,000 (roughly Rs. 30 lakh) after a slight revival over the past couple of days, stemming a painful losing streak that saw prices tumble to lows near the $33,000 (roughly Rs. 20 lakh) mark.
Bitcoin and the broader crypto market remain subject to the whims of macro variables as the values of all altcoins fell by considerable margins on Friday despite a positive showing through Thursday.
Despite signs of recovery over the past week, both Bitcoin and Ether have begun the week with further dips as the wider crypto market continues to struggle amid extreme volatility. Cardano price surges further.
After a brief pause, the downtrend in the broader crypto market resumed with Bitcoin and Ether erasing the gains of the previous day after investors began to pull out capital, unwilling to risk further dips.
The crypto market is a mixed between red and green today with the world's largest cryptocurrency, bitcoin, was trading at $43,301.46 at the time of writ
The world’s largest cryptocurrency Bitcoin witnessed a healthy bounce on Sunday after six days of moving sideways, but volatility may continue to be rampant as we move through January.
Bitcoin hit a festive high two days after Christmas when it soared to its highest price in three weeks of $52,000 (roughly Rs. 38.6 lakh), but the cryptocurrency hasn't been able to retain those levels to begin 2022. While Ether price is on the rise, other altcoins are having a mixed day of trade.
It was another crazy year in the crypto world, but traders didn’t seem to mind. Millions of new investors decided to try their hand at cryptocurrencies in 2021