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Bitcoin Vs Dollar Rate: Cryptocurrency Bitcoin Plummets 17% To $45,000 After Climbing To Record High Of $48,000 Amid Valuation Concerns

Bitcoin Vs Dollar Rate: Bitcoin was last down 9.84 per cent at $47,930.3 in choppy trading
Bitcoin slumped as much as 17 per cent to $45,000 on Tuesday, February 23, amid concerns from investors over the cryptocurrency s sky-high valuations, triggering the liquidation of leveraged bets. The world s most popular cryptocurrency faced its biggest daily drop in a month, as it lost steam and fell to the $45,000 mark. Bitcoin was last down 9.84 per cent at $47,930.3 in choppy trading. The massive drop in prices took its losses to over a fifth from a record high of $58,354 hit on Sunday, February 21, and underscored the volatility of the emerging asset. However, the cryptocurrency is still up around 60 per cent this year. ( ....

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Bitcoin Vs Dollar Rate: Cryptocurrency Bitcoin Market Capitalisation Hits $1 Trillion, Soars To All-Time High Record Crossing $57,000

Bitcoin Vs Dollar Rate: Bitcoin was last up up 8.75 per cent at $57,107.2.
Cryptocurrency bitcoin hit a market capitalization of $1 trillion as it surged to achieve yet another record high of $56,399.99 on Friday, February 19, continuing its bull stint fuelled by gaining further acceptance from mainstream investors and corporate majors. The world s most popular cryptocurrency surged to an all-time high, crossing the $57,000 mark on Saturday, posting a weekly gain of 18 per cent. It has surged nearly 70 per cent so far this month and was last up 8.75 per cent at $57,107.2. The digital currency countered analyst warnings that it is an economic side show and a poor hedge against a fall in stock prices. ....

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Digital Currency In India: After Bitcoin Crosses $50,000 Mark, What Is The Status Of Cryptocurrencies In India; What Experts Say

Reserve Bank of India said that it is working on a digital version of the rupee
Digital Currency in India: The government revealed in its budget session that it plans to introduce a new bill on cryptocurrencies, namely the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which will ban all private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be issued by the Reserve Bank of India, according to a legislative agenda listed by the government. Finance Minister Nirmala Sitharaman said in the Rajya Sabha on February 9 that a high-level Inter-Ministerial Committee constituted under the Chairmanship of Secretary (Economic Affairs) will study the issues related to virtual currencies. ( ....

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Bitcoin Vs Dollar Rate: Cryptocurrency Bitcoin Creates History, Breaches $50,000 Mark In All-Time High, Continues Bull Run After Tesla's Investment

Bitcoin Vs Dollar Rate: The cryptocurrency achieved a historic milestone, smashing the $50,00 mark
Bitcoin Vs Dollar: Achieving a historic milestone, cryptocurrency bitcoin hit an all-time high record, breaching the $50,000 mark on Tuesday, February 16, continuing its broader bull run after Elon Musk s electric vehicle company Tesla Inc announced a $1.5 billion investment in the world s most famous cryptocurrency. Bitcoin hit an all-time high record of $50,602, amid its dizzying rally mostly fuelled by big investors who are beginning to take digital assets seriously. The digital currency has gained almost 72 per cent this year and Tesla s investment has proved to be a big stride towards mainstream acceptance for the cryptocurrency. ....

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