Bitcoin Price Near to UsD 1,06,000, Ether Drops 1 Percent

The increase in dispute between President Donald Trump and Billionaire Elon Musk in the US is affecting the crypto market. The biggest cryptocurrency Bitcoin, the largest cryptocurrency in terms of market value, was more than 0.50 percent on Monday. Apart from this, the price of some other cryptocurrency has also increased.

International Crypto Exchange after this report is published Binance But the price of bitcoin was around $ 1,05,920. The second largest cryptocurrency Ether had a decline of about one percent. The Ether’s price was trading at $ 2,490. In addition, Solana and BNB and XRP had profit. The declining cryptocurrency included Tether, Monero, Tron and Polygon. In the last one day, Crypto’s market capitalization rose by about 0.10 percent to about $ 3.30 million.

Market Analysts say that it will have to be seen whether Bitcoin retains the major levels and or not it reappears. A report of jobs is to come in the US and this may give some indications about macro economy. Interest in Ether is increasing. Spot Ether ETFS has been inflated for four consecutive weeks. This week, support levels for bitcoin will have to be seen. If bitcoin retains these levels, its price may increase again. The controversy between Trump and Musk in the US has also shocked the Crypto Market.

With this controversy, there has been a negative impact on the sentiment of investors. Trump gave Mask important responsibility in his government after taking over as president in the US. Recently Musk had opted out of the government. Since then, the dispute between Trump and Musk has increased. Trump’s tax -related policy was condemned by Musk. Since then, this dispute had increased considerably. Recently, Trump’s social media company Trump Media and Technology Group decided to invest about $ 2.5 billion (about Rs 21,416 crore) in bitcoin. Bitcoin is supported at a price of more than one million dollars. If it breaks this support, then the price of bitcoin may fall to $ 97,000.