Today’s encryption price: Bitcoin fails to break more

Bitcoin reflected the losses alongside most cryptocurrencies on Wednesday, April 9. The original decreased by four percent for its circulation at 76,538 dollars (about 66.2 rupees of Cham) on the international stock exchanges. Also on Indian stock exchanges, the Bitcoin value decreased by nearly five percent, which led to between $ 78.494 (about 67.9 rupees of Cham) and 80,28 dollars (about 69.4 ru rupes). The momentum of the public encryption market has slowed over the past few days due to hot trade tensions between the United States and other countries.

“The United States increased the customs tariff rates to 104 percent on China, which fueled the uncertainty among the market participants, as expected. Bitcoin The price decreased sharply and is about to decrease to less than 75,000 dollars (about 64.9 rupees for Cham) for the second time this week, raising warnings on the entire encryption market. The Coindcx Research Team told Gadgets 360 that the feelings of the market become very afraid, which hints towards the potential bear market. “

ether The price decreased by more than eight percent in the last day and is traded at $ 1,455 (about 1.25 rupees of Cham) on the global platforms. Al -Atheer also recorded noticeable losses of more than nine percent on the Indian stock exchanges of about $ 1509 (about 1.30 Rs.

“ETH has been traded in the declining direction over the past four months, where nearly 65 percent has decreased, and its lowest level is achieved from $ 1411 (about 1.22 ru rupes) and formed a” higher spinning candle “, indicating the occurrence of traders in the direction. 1.86 Ru rus).

the Track encryption prices By Gadgets 360 showed the majority of trading in losses on Wednesday. These include rippleand pregnancyand Solanaand Dokwinand CardanoAnd You see.

Collapseand ChainLinkand excellentand DottedAnd UNISWAP I also surrendered to the market pressure and failed to see the gains.

The ceiling of the total encryption market has shown five percent over the past 24 hours, Coinmarketcap. The sector’s evaluation is currently $ 2.42 trillion (about 2,09,44,075 rupees).

“Global trade tensions are now major engines for the fluctuation of digital assets. With more than $ 400 million (about 3461 rupees) ranked and short pants, which make up 60 percent of open interest, the investor morale has turned into caution.”

Meanwhile, a small number of Altcoins managed to retain small gains. These include pregnancyand Leoand cornAnd QTUM.

Analysts have strongly advised that investors be alert and assault on their investment decisions, as the markets are expected to remain volatile for the next few days, or even weeks.

The cryptocurrency is an unorganized digital currency, not a legal tender and is subject to market risks. The information provided in the article is not intended and does not constitute financial advice, commercial advice, or any other advice or recommendation of any kind offered or approved by NDTV. NDTV will not be responsible for any loss of any investment based on any recommendation, expectations, or any other information contained in the article.