Crypto Market Update: Very rapid fluctuations are seen in the crypto currency market. Within a few days or hours, investors make profits or losses worth lakhs of crores. Uncertainty has increased in the crypto market regarding the meeting of the US Federal Reserve Bank.
Rapid changes are also being seen in the world’s largest and oldest cryptocurrency Bitcoin and other cryptocurrencies. There has been a decline in the crypto market in the last one week. However, a slight rise is being registered in the market right now. Let us know the condition of Bitcoin and other cryptocurrencies….
Condition of Bitcoin and other cryptocurrencies
According to CoinMarketCap, Bitcoin was trading at $ 90,460.31 at around 2:15 pm on Tuesday. Bitcoin had fallen 1.43 percent in the last 24 hours. However, in the last one week it has registered a growth of 4.47 percent.
Ethereum cryptocurrency was trading at a price of $3,118.49. There was a decline of 0.21 percent in Ethereum in the last 24 hours. Tether also lost 0.03 percent and was trading at $0.9999. XRP and BNB cryptocurrencies also slipped 1.33 and 1.99 percent in the last 24 hours. There was also a decline of 2.19 percent in Solana cryptocurrency and it was trading at $133.10.
Investors cautious about US Fed meeting
Investors are adopting a cautious approach regarding the two-day US Fed meeting on December 9 and 10. There remains uncertainty regarding the results of the meeting. Due to which investors are investing cautiously.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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