Cryptocurrency Price Update: Bitcoin is still up today, but Ethereum has fallen by more than Rs 1100.

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.

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