Bitcoin, Ether Slip Down Price Ladder; Cardano, Polkadot Emerge Among Profit-Making Altcoins

The crypto market situation, after having been notably profitable until last week ago, is now undergoing a period of volatility.

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Bitcoin on Thursday, May 11, recorded a loss of 0.86 percent to trade at the price point of $27,520 (roughly Rs. 22.5 lakh).

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This marks the fourth day this week that Bitcoin has remained close to the mark of $27,000 (roughly Rs. 22 lakh) on both, national as well as international exchanges.

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In the last one month, the highest that Bitcoin has managed to climb in-terms of value is $31,000 (roughly Rs. 25.5 lakh).

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Ether tumbled by 1.25 percent to trade at $1,830 (roughly Rs. 1.5 lakh) on Thursday, showed the crypto price tracker by Gadgets 360. Following its conventional market route, Ether remains in alignment with Bitcoin's trajectory.

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“Bitcoin's price remains mostly flat after a promising surge following the banking crisis in the US. Ethereum on the other hand shows potential for a short-term price hike due to several use cases of the blockchain,” Rajagopal Menon, Vice President, WazirX told Gadgets 360, weighing-in on the market situation.

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Bitcoin, Ether Slip Down Price Ladder; Cardano, Polkadot Emerge Among Profit-Making Altcoins

Bitcoin on Thursday, May 11, recorded a loss of 0.86 percent to trade at the price point of $27,520 (roughly Rs. 22.5 lakh).

Brought to you by Trickyenough

The crypto market situation, after having been notably profitable until last week ago, is now undergoing a period of volatility.

Brought to you by Trickyenough

Bitcoin on Thursday, May 11, recorded a loss of 0.86 percent to trade at the price point of $27,520 (roughly Rs. 22.5 lakh).

Brought to you by Trickyenough

This marks the fourth day this week that Bitcoin has remained close to the mark of $27,000 (roughly Rs. 22 lakh) on both, national as well as international exchanges.

Brought to you by Trickyenough

In the last one month, the highest that Bitcoin has managed to climb in-terms of value is $31,000 (roughly Rs. 25.5 lakh).

Brought to you by Trickyenough

Ether tumbled by 1.25 percent to trade at $1,830 (roughly Rs. 1.5 lakh) on Thursday, showed the crypto price tracker by Gadgets 360. Following its conventional market route, Ether remains in alignment with Bitcoin's trajectory.

Brought to you by Trickyenough

Brought to you by Trickyenough