Bitcoin trades for $29,425 (roughly 24 lakh rupees).
The Bitcoin cryptocurrency made small gains on Monday. As of the moment when this article was written, the most expensive cryptocurrency was trading at $29,425 (roughly 24 lakh rupees). 24 lakh). It’s been over a week since Bitcoin was last seen trading over the price of $30,000 (roughly the equivalent of Rs. 24.6 lahks). The market’s sentiment is said to have taken in the news of Curve Finance falling victim to an attack over the weekend. The incident has caused the loss of $100 million (roughly the equivalent of. 822 crores) worth of cryptocurrency at peril.
Ether, instead of Bitcoin, recorded a modest decrease in the range of 0.51 percent for Monday. The crypto asset is valued at $1,870 (roughly approximately. 1.53 lakh). Last weekend, Ether celebrated its eighth anniversary. It was founded by Vitalik Buterin, Gavin Wood, Anthony Di Iorio, and Joseph Lubin — ETH is second only to Bitcoin with a market cap of more than $225 billion (roughly around Rs. 18,51,365 crore).
Bitcoin and Ether having different routes typically indicate a slow, sluggish trading sentiment that is commonplace on the market.