Today is the last day of 2021 and it seems that investors are looking to celebrate their new year by investing in cryptocurrencies. Friday is proving to be a good day for the crypto market. According to the Indian exchange CoinSwitch Kuber, bitcoin has gained 0.73%, and this crypto was trading at $51,007 (approximately Rs 37.9 lakh) at $51,007 (approximately Rs. On global exchanges CoinMarketCap and Binance, the world’s oldest cryptocurrency was trading at around $47,209 (about Rs 35 lakh) per token. Bitcoin has had bad days recently. Last month, bitcoin was at its all-time high of $69,000 (approximately Rs 51 lakh).
Bitcoin just like Ether has also performed well and this Ethereum token is trading with a gain of 1.61%. According to Gadgets 360’s cryptocurrency price tracker, each Ether token was priced at $4,060 (approximately Rs 3,01,877) as of writing this news.
Cardano, Ripple, Polkadot, Dogecoin, Shiba Inu, And Polygon Here are some of the other popular cryptocurrencies that have performed well today. All of these have seen an increase in prices.
although, Tether, USD Coin, And Bitcoin Cash Today is not proving to be a good day for him. All coins are seeing a fall in prices today.
Crypto experts believe that altcoins will also rise in the near future as Bitcoin moves forward with small but consistent benefits.
Edul Patel, CEO and co-founder of crypto investment firm Mudrex, told Gadgets 360, “Bitcoin, the largest cryptocurrency by market capitalization, remained above the $47,000 (approximately Rs. 2.75 lakh). Apart from the two largest cryptocurrencies, most of the top altcoins remained range-bound. The rise in bitcoin price indicates that better times may come for altcoins in the days to come.”