The price of bitcoin has crossed $62 thousand. Bitcoin is currently trading near $62,070. Earlier on October 15, bitcoin had crossed the 60 thousand level. This was the first time since April 2021 that bitcoin crossed $60 thousand.
Bitcoin is up 29% in just 18 days so far in October. The price of bitcoin was at $48,160 on October 1, which has now reached 62,070. Apart from this, talking about other cryptocurrencies, Ethereum was at $3,306 on October 1, which has now reached 3,851. On the other hand, Polkadat has reached $ 42, which was at $ 31 on October 1.
US regulators may approve the first futures exchange-traded fund (ETF) for cryptocurrencies. Because of this, the price of bitcoin has increased. According to the data, this digital currency has increased by 28.74% to $62,070 in one month. The US Securities and Exchange Commission (SEC) may approve the ETF to trade by next wee
Experts believe that the price of bitcoin will see a good rally from here. Maybe next year it will cross the mark of up to 90 thousand dollars. However, by the end of this year, its price can go up to 60 thousand dollars. The price of bitcoin went up to 32 thousand dollars 3 months ago. While the price of Polkadat had reached $ 22
There are 12-14 crypto exchanges that do business in India. The daily turnover in cryptocurrencies in India is in the range of Rs 1,000-1500 crore. There are 1 to 1.20 crore investors in crypto currency in the country.
It is the same currency as your rupee, dollar, yen or pound. But it is digital i.e. virtual. This virtual currency is made from blockchain technology working on the principle of cryptography. That is why it is called cryptocurrency.
When you talk about Rupee, Dollar, Yen or Pound, it is controlled by the central bank of the country that issued it. How much and when this currency will be printed, they decide by looking at the economic condition of the country. But no one has control over cryptocurrencies, it is a completely decentralized system. No government or company can control this. For this reason there is instability in it. It works on a distributed system, which can neither be hacked nor tampered with.