24 May 2025, Sat

Crypto Market Register Gains, Bitcoin Price USD 1,03,500, Ether Rices More Than 5 Percent

The Crypto market was boom on Wednesday due to trade deal between the US and China and some other positive developments. The largest cryptocurrency Bitcoin’s price in terms of market value was over $ 1,03,000. Apart from this, many other cryptocurrencies had profits.

On the publishing this report, the price of bitcoin on the International Crypto Exchange Binance rose by about 0.15 percent to about $ 1,03,560. The second largest cryptocurrency Ether raised by more than five percent. The Ether’s price was trading at $ 2,610. Other prefit -profed cryptocurrency included avalanche, ripple, litecoin, cronos, monero and BNB. In the last one day, Crypto’s market capitalization rose by more than three percent to about 3.39 million million dollars.

Market experts say that if bitcoin does not re -achieve more than $ 1,05,000 level, it can decline. Ether has crossed a significant level of $ 2,500 for the first time in three months. It has increased significantly since last week. Ether has crossed the important technical levels and this has also strengthened the sequence in the Crypto Market. Ether has a strong resistance at $ 2,850 and if it is broken, its price can increase by $ 3,000.

Payments are also being accepted in cryptocurrency in some countries. Bhutan and Dubai have also joined the list of these countries. Bhutan has announced the launch of the crypto payment system. For this, one of the large crypto exchanges has been tie-up with a binance. The objective of this decision of Bhutan is to protect tourists from complications such as currency exchange rates and low availability of international cards and provide easy means of payments. Tourism flight tickets going to this neighboring country of India will be able to make payments in Crypto for visiting hotels, tourist destinations and shopping. For this, Bhutan’s first fully Digital Bank – DK Bank and Binance have tied up. To use this facility, tourists have to sign on the app of Binance, the payments will also be taken in the crypto for the government services in Dubai.

Source link

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *