Bitcoin Update
Bitcoin Update: The Price Of The Cryptocurrency Bitcoin Touched USD 30,200 in Recent Trading.
Highlights
- Bitcoin Hit A New High In Crypto Market Trading on Tuesday.
- Currently The Price Of Cryptocurrency Bitcoin is 30,200 USD.
- Cryptocurrency Bitcoin has Gained About 84 Percent So Far This Year.
Bitcoin Hit A New High In Crypto Market Trading on Tuesday . Currently The Price Of Cryptocurrency Bitcoin is 30,200 USD. Which is 24 lakh 62 Thousand 565 Rupees In Indian Currency. Bitcoin Has Reportedly Crossed The $30,000 Mark For The First Time Since June Last Year.
The Current Year Has Been Good For Bitcoin As It Has Gained Around 84 Percent So Far. As A Result, Bitcoin Became The Top Performing Asset in The Respective Market in Q1 2023. Recent Market Conditions Have Indicated A Growing Interest In Cryptocurrencies Among Indian Investors
In fact, Bitcoin Traded Up 6.15 Percent at $30,244.20. Which is Intraday Highest Level Of Last 30 Days. It Was Also The Top Local Cryptocurrency in Tuesday’s Market. According to Coin Market Cap, Bitcoin’s Dominance Of The Market Increased By 0.83 Percent From The Previous Day To 47.15 Percent. Bitcoin Has Gained Nearly 8 Percent In Seven Trading Sessions.
“Bitcoin Has Been On An Upward Trajectory Since The Beginning Of 2023,” Said Rahul Pagidipati, CEO of ZeePay, on Bitcoin. On January 1, Bitcoin Started Trading At Roughly $16,500. As of April 11, it is trading above $30,000. That’s Close To An 80 Percent Gain Since January 2023. .”
Rahul Pagidipati Also Said That “This Is The First Time Bitcoin Has Reached This Level Since June 2022. If it Sustains at USD 30,000, We Can See Its Price Rise Further.”
Crypto Ecosystem Lead, CoinSwitch Perth Chaturvedi said, “As the US Economy Faces The Increasing Possibility of a “Hard Landing”, While High Interest Rates Have Also Fueled The Banking Crisis, High Energy Prices Have Also Turned To Safe Asset Classes Like Gold. But Crypto Companies In The US face banking challenges.” Despite The Face, Bitcoin Price Continues To Rise And It Can Truly Be Called “Decoupling” From Traditional Money.
