Crypto Price Today: Bitcoin and Ether Stable Amidst Volatility, Most Altcoins Hit by Downturn | Niharika Jannat
The cryptocurrency market is displaying volatility across most cryptocurrencies on Wednesday, June 26. Bitcoin recorded a minor drop of 0.29 percent that dragged down its price from $63,200 (roughly Rs. 52.8 lakh) to the mark of $61,752 (roughly Rs. 51.5 lakh) on foreign exchanges like CoinMarketCap. On national exchanges, meanwhile, the value of Bitcoin stands at the mark of $60,145 (roughly Rs. 50.2 lakh). However, the Bitcoin chart needs significant sell pressure on the downside to test $70,000 (roughly Rs. 58.4 lakh) again. “Bitcoin after testing the $58,000 (roughly Rs. 48.4 lakh) on Monday rebounded to $62,000 (roughly Rs. 51.9 lakh) in the past 24 hours. This move coincided with a recovery in Nvidia and the Nasdaq Composite, both of which experienced their worst days since April in the previous session,” Edul Patel, CEO of Mudrex told Gadgets360. Ether showed a minor price hike of 2.63 percent on the crypto price tracker on Wednesday. Ether, at the time of writing, is trad