All major cryptocurrencies including Bitcoin, Ether, Shiba Inu fall, know the latest details

The price of bitcoin (Bitcoin price in India today) also registered a decline on Friday, January 7. The world’s most popular cryptocurrency was trading at $45,488 (approximately Rs 33 lakh) at the time of writing, with a further drop of 2.45%. On the Indian exchange CoinSwitch Kuber, bitcoin closed at around $46,631 (about Rs 34.6 lakh) on Thursday. Even on global exchanges such as Binance and Coinbase, the value of each bitcoin was $41,741 (approximately Rs 31,000).

Gadgets 360 cryptocurrency price tracker According to, Bitcoin just like Ether also dropped 7.40% and was trading at around $3,516 (approximately Rs 2.6 lakh) till the time of writing this news.

Tether, Ripple, Polkadot, Polygon, And Chainlink As trading charts of all major cryptocurrencies appeared to be painted red.

in crypto market Dogecoin And Shiba Inu The performance is also not good. The price of both the coins has registered a decline. The prices of both the cryptos have not increased since last one month. although USD Coin, Cardano And Zcash The token is included in the list of gainers on the chart.

Two major events in the cryptocurrency market have caused the price of bitcoin to drop to a three-month low. The massive fall in the price of bitcoin came after the US Federal Reserve indicated that it may postpone its decision to hike interest rates until mid-March. The US Federal Reserve is going to stop printing notes and make it more expensive to borrow to stabilize the economy and keep inflation under control.

In addition, Internet shutdowns occurred in Kazakhstan, the country that accounts for 18 percent of the bitcoin network’s hash activity, causing BTC’s hash rate to drop by 13.4%.