Bitcoin and ethereum both posted small gains on Thursday, Aug. 24, after days of losses. Bitcoin rose by 0.98%, but apparently did not bring significant changes to the transaction value of Bitcoin. As of writing, the most valuable cryptocurrency, BTC, is trading at $26,418 (roughly Rs 2.17 lakh). But it is worth noting that the BTC value has indeed surged by $396 (roughly Rs. 32,655) in the last 24 hours.
Ether rose slightly more than bitcoin on Thursday. According to Gadgets 360’s cryptocurrency price tracker, ETH is currently trading at $1,673 (roughly Rs 1.38 lakh) with a profit of 1.60%. ETH price has increased by $43 (roughly Rs. 3,545) in the past 24 hours.
“Cryptocurrency markets have recovered in the past 24 hours. Bitcoin has rallied in the past 24 hours after a prolonged decline over the past few days. In the past 24 hours, Ether, as well as the top ten cryptocurrencies by market capitalization, are trading in the green.
Binance Coin, Ripple, Cardano, Dogecoin, Solana, and Polkadot all reflected profits.
Polygon, Shiba Inu, Litecoin, Bitcoin Cash, Avalanche, Stellar and Chainlink also recorded small gains.
The overall valuation of the cryptocurrency market has risen by 1.72% to $1.07 trillion (approximately Rs. 88,23,487 crore) in the past 24 hours, it shows. coin market cap.
The Crypto Fear and Greed Index remains in the fear zone, up 4 points from yesterday and currently scores 41/100.
Today, quite a few cryptocurrencies did see losses.
These include Tether, USD Coin, LEO, Binance USD, Monero, and Cosmos.
“In other news, Binance is seeing increasing rumors after losing multiple fiat gateways, first in the US and then allegedly in the EU. However, coinciding with India’s Chandrayaan 3 landing on the moon, Binance and “MoonPay” in the United States cooperates to help people seamlessly purchase USDT.” Hudda pointed out.
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