BTC, ETH Among Most Cryptocurrencies to Rally With Profits, Crypto Charts Reflect More Greens Than Reds
The crypto market has undoubtedly bounced to recovery after months of market turmoil and continuous losses. Bitcoin on Wednesday, August 17, maintained its value at $25,800 (roughly Rs. 25.80 lakh) despite a minor price slip of 0.34 percent as per Indian exchange CoinSwitch Kuber. The world’s first ever cryptocurrency that, to-date, reigns over the crypto kingdom, has also maintained a healthy price point on international exchanges. As per Binance and CoinMarketCap for instance, BTC is currently trading at $24,011 (roughly Rs. 19 lakh).
In a traditional market movement, majority altcoins followed the top two cryptocurrencies to witness gains.
While most cryptocurrencies have seen hikes, a handful of altcoins did see losses.
The global crypto market cap currently stands at $1.15 trillion (roughly Rs. 91,62,291 crore), with a 1.25 percent increase over the last day.