Cryptocurrency Price Update: Bitcoin is still up today, but Ethereum has fallen by more than Rs 1100.
The world’s leading cryptocurrency bitcoin was trading at Rs 38.87 lakh with a gain of 0.42% (in 24 hours) at 4.30 pm. During this time its price has increased by Rs 16,414.
However, there is a decline in Ethereum today. Ethereum saw a drop of 0.36%. It has fallen by Rs 1,143 to Rs 3.19 lakh in the last 24 hours. Cardao and Ripple also gained
Coming to other cryptocurrencies, Cardao saw a rise of 3.90%. It has increased by Rs 3.93 to Rs 104.68 in the last 24 hours. Apart from this, Ripple is also seeing a rise of 7.20%. However, there is a decline in Tether and USD coin.
Bitcoin can replace dollar
Former Twitter CEO and co-founder Jack Dorsey has tweeted that bitcoin will replace the US dollar in the future. The tweet was in response to a question asked by Grammy Award winning rapper Cardi B on Twitter. Cardi B asked if you think crypto is going to replace the dollar? In response, Jack Dorsey said, ‘Sure, bitcoin will take its place.’
stock market boom
There was a huge rally in the stock market for the second consecutive day today. The Bombay Stock Exchange (BSE) Sensex ended with a gain of 611 points (1.09%) at 56,930. Banking Stocks today supported the market today. On the other hand, the Nifty of the National Stock Exchange closed at 16,955 with a gain of 184 points. It was open at 16,865.