Crypto market turned upside down, all popular altcoins including Bitcoin suffered heavy losses

The cryptocurrency market has once again taken a turn and today once again the cryptocurrency price chart is showing red color. All the popular altcoins that gained over the weekend are down again today. These include top cryptocurrencies like Bitcoin and Ether. Bitcoin, the world’s largest cryptocurrency, has once again touched $30,000 (roughly Rs. 23 lakh). Bitcoin price is down about 5% today. Globally, Bitcoin price is currently trading at $29,500 (roughly Rs. 23 lakh). At the same time, the price of Bitcoin on Indian exchange Coinswitch Kuber remains at $31,622 (roughly Rs. 24.6 lakh). Which is a decrease of 3.33% in the last 24 hours.

On global exchanges like CoinMarketCap, Coinbase and Binance, Bitcoin is trading at $29,512 (roughly Rs. 23 lakh), down 5.4 percent in the last 24 hours. Data from CoinGecko shows that its value has dropped by 7.1 percent in its week-to-day performance. Ether also followed Bitcoin and lost the same value as Bitcoin today. The world’s second-largest cryptocurrency entered trading a day earlier with considerable strength, but it could not sustain the gains for 24 hours.

At the time of writing, the Ether price on Indian exchange Coinswitch Kuber was $1,863 (roughly Rs. 1.4 lakh). At the same time, it was valued at $1,757 (roughly Rs. 1.35 lakh) on global exchanges. Its price has decreased by 6.01% in the last 24 hours. 24 Times Today Crypto Price Tracker shows that all popular altcoins are in the red today and the global crypto market capitalization has decreased by 4.85%. Solana, Polygon, Litecoin, Uniswap and Avalanche recorded significant losses.

Mime cryptocurrencies Shiba Inu and Dogecoin also saw declines during the day. Dodgecoin is trading at $0.08 (roughly Rs. 6.5) after losing 3.08 percent in the last 24 hours, while Shiba Inu is trading at $0.0000011 (roughly Rs. 0.000868), down 4.09 percent since the previous day.