Cryptocurrency Prices Jump 17%, Bitcoin Price Up 5% to $41,108
The prices of Cryptocurrency have risen up to 17% in the last 24 hours. In this, the price of Polkadot has risen sharply. Its price increased by about 17% to $ 31.90.
Bitcoin price rises to $44,108
The price of the popular cryptocurrency bitcoin increased by 4.60% to $ 44,108. However, the price of Ethereum dropped to $ 105. It has gained 8.20%. Cardano price is up 11.26% to $2.28. Tether is trading with a little decline at $1.
Binance Coin up 7%
Binance Coin price is up 7%. This currency is trading at $378. XRP is trading up more than 9% at $1. Solana costs $148. It is up 14%. The price of Polkadot is up 16%. It is trading at $31.90. Dogecoin's price is up 10%.
Price fell last week
The prices of all these investments had come down drastically last week. The price of bitcoin has dropped to $31,000. Due to the evergrande crisis in China, the cryptocurrency is showing a boom. Investors are now trying their luck at crypto. On the other hand, Central Bank of the United States Federal Bank has said it will soon release a research paper on digital currency.
Cryptocurrency is showing a risk
However, experts said the risk is still visible in the cryptocurrency. So unless there is a clear indication, beware of investing in crypto. The bitcoin support level is offered at $ 42,400. Bitcoin is the most popular currency among crypto investors.
Prices fluctuate
Cryptocurrency prices fluctuate a lot. Earlier this year it had a major impact on the cryptocurrency market. However, cryptocurrencies have attracted a good number of investors this year. The market gave them a strong return in the beginning, but the way the market started in late April and early May, the investment of many investors was wiped out.
The price of bitcoin dropped from an all-time high of $ 64,000 or about 47.14 lakhs to $ 31,000 or about Rs 22.8 lakhs last week.
