After a day of trading low, majority cryptocurrencies stepped into Tuesday, October 4 with gains. Bitcoin, with a price rise of 1.96 percent, began trading at $19,554 (roughly Rs. 15.80 lakh) on international exchanges. Bitcoin is currently trading at a price point of $19,596 (roughly Rs. 16 lakh) following a 2.20 percent increase. Experts have predicted that if BTC prices exceed $20,000 (roughly Rs. 16.30 lakh), majority cryptocurrencies will have
Ether saw-in bigger gains than Bitcoin. Nearly two weeks after the launch of Ethereum''s eco-friendly upgrade called the Merge, ETH prices have touched the price point of $1,322 (roughly Rs. 1.07 lakh), according to Gadgets 360. ETH prices have increased by 2.2 percent.
On the gain trail, majority altcoins followed BTC and ETH.
These include stablecoins such as Tether, Binance USD, and Ripple, as well as other altcoins, including Binance Coin, Cardano, Solana, Polkadot, and Polygon.
Shiba Inu and Dogecoin, both spotted meme coins, and prices.
As per CoinMarketCap, the global crypto market cap increased by 1.75 percent to a valuation of $943.77 billion (roughly Rs. 7,697 crore).
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Only Tron, Stellar, Bitcoin SV, and Terra have emerged as loss-making altcoins.
In the midst of prevailing market volatility and low-risk appetite among investors, the number of Bitcoin ATMs has also decreased globally. Nearly 800 ATMs were removed from the global cryptocurrency network in September alone.
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