Bitcoin Vs Dollar Rate: The crypto market cap hitting $2 million was mostly led by bitcoin The cryptocurrency market capitalization achieved an all-time high peak of $2 trillion on Monday, April 5, as gains over the last few months attracted demand from both institutional as well as retail investors. According to data and market trackers CoinGecko and Blockfolio, the crypto market cap touched a peak of $2.02 trillion by mid-afternoon. The surge in market cap was led by the world s biggest virtual currency - bitcoin, which touched its own milestone of $1.1 trillion, sustaining its market cap at $1 trillion for one week.
Cryptocurrency Market Cap Hits $2 Trillion: All You Need To Know
Bitcoin Vs Dollar Rate: Bitcoin was last down 9.84 per cent at $47,930.3 in choppy trading
Bitcoin slumped as much as 17 per cent to $45,000 on Tuesday, February 23, amid concerns from investors over the cryptocurrency s sky-high valuations, triggering the liquidation of leveraged bets. The world s most popular cryptocurrency faced its biggest daily drop in a month, as it lost steam and fell to the $45,000 mark. Bitcoin was last down 9.84 per cent at $47,930.3 in choppy trading. The massive drop in prices took its losses to over a fifth from a record high of $58,354 hit on Sunday, February 21, and underscored the volatility of the emerging asset. However, the cryptocurrency is still up around 60 per cent this year. (
Reserve Bank of India said that it is working on a digital version of the rupee
Digital Currency in India: The government revealed in its budget session that it plans to introduce a new bill on cryptocurrencies, namely the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which will ban all private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be issued by the Reserve Bank of India, according to a legislative agenda listed by the government. Finance Minister Nirmala Sitharaman said in the Rajya Sabha on February 9 that a high-level Inter-Ministerial Committee constituted under the Chairmanship of Secretary (Economic Affairs) will study the issues related to virtual currencies. (
Bitcoin Vs Dollar Rate: Cryptocurrency Bitcoin Stays Above $50,000 Mark As MicroStrategy Seeks $600 Million To Buy More Bitcoin ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
Bitcoin Vs Dollar Rate: The cryptocurrency achieved a historic milestone, smashing the $50,00 mark Bitcoin Vs Dollar: Achieving a historic milestone, cryptocurrency bitcoin hit an all-time high record, breaching the $50,000 mark on Tuesday, February 16, continuing its broader bull run after Elon Musk s electric vehicle company Tesla Inc announced a $1.5 billion investment in the world s most famous cryptocurrency. Bitcoin hit an all-time high record of $50,602, amid its dizzying rally mostly fuelled by big investors who are beginning to take digital assets seriously. The digital currency has gained almost 72 per cent this year and Tesla s investment has proved to be a big stride towards mainstream acceptance for the cryptocurrency.