Bitcoin hovers above $67,000, Ether and Solana manage to see gains despite ongoing slowdown

Bitcoin lost 0.18 percent on Friday, March 29. At the time of writing, Bitcoin was valued at $67,034 (approximately Rs. 55.8 lakh). In the last 24 hours, the price of Bitcoin has fallen to $111 (roughly Rs. 9,250). Market experts believe that in the coming days, the most expensive asset may see its price stabilize at the $70,400 (roughly Rs. 58.6 lakh) mark. Then came a bunch of cryptocurrencies Bitcoin On the damage trail.

Tether, Binance coin, USD coins, Cardano, Bitcoin CashAnd Polygons Bitcoin followed on the losing side of the crypto chart on Friday.

“Both Bitcoin and Ethereum are expected to see some volatility with $15 billion (approx Rs 1,25,022 crore) worth of options expiring. Overall, the market is extremely greedy,” Mudrex CEO Adol Patel said. told Gadgets360.

Ether Friday managed to see a modest gain of 0.86 percent. Ether is currently priced at $3,390 (roughly Rs. 2.82 lakh).

Solana, the wave, Dogecoin, Avalanche, Sheba AnuAnd Polkadot managed to register modest profits.

Added more to the list. Tron, Close to the protocol, Litecoin, CronusAnd Stellar.

“On the market front, most of the top 10 cryptoassets by market cap managed to trade in the green in the last 24 hours, with DOGE (+9.4 percent) gaining. Technical analysis shows . DOGE performance A longer reversal can be attributed,” Parth Chaturvedi, Investment Lead, CoinSwitch Ventures told Gadgets360.

The crypto market is currently witnessing legal actions by various players in various geographies. Binance, Coinbase, and KuCoin are already under investigation in Nigeria, the Philippines, and the United States over various issues.

In addition, Sam Bankmanfried, CEO of the now-defunct FTX exchange, was sentenced to 25 years in prison for the multibillion-dollar FTX fraud.

The overall crypto market cap increased by 0.58% in the last 24 hours. The sector is currently valued at $2.65 trillion (approximately Rs. 2,20,87,246 crore). CoinMarketCap.

---

Cryptocurrency is an unregulated digital currency, not legal tender and subject to market risks. The information provided in the article is not intended to constitute financial advice, business advice or any other advice or recommendation of any kind offered or endorsed by NDTV. NDTV shall not be liable for any loss arising from any investment based on any purported recommendation, forecast or any other information contained in the article.