Crypto Market in Green, Bitcoin Price more than USD 1,04,400, Eether Increases 2 Percent

The crypto market was boom on Monday due to the sign of improvement in the situation between the US and China. The biggest cryptocurrency bitcoin was about 0.30 percent in terms of market value. Apart from this, the price of many other cryptocurrency has also increased.

International Crypto Exchange after this report is published Binance But the price of bitcoin rose by more than 0.20 percent to about $ 1,04,440. The second largest cryptocurrency Ether raised by more than two percent. The Ether’s price was trading at $ 2,562. Apart from this, the price of cryptocurrency like Solana and XRP has also increased. In the last one day, Crypto’s market capitalization was slightly increased to about $ 3.51 lakh crore.

Market experts say that there is a positive sentiment in the market regarding trade deal in the US and China. There are signs of speed at the existing level in bitcoin. On-chain data indicates that about 3,50,000 new bitcoin wallets a day are indicated. This is indicating increasing interest of investors in the Crypto market. The next resistance for bitcoin is $ 1,05,100 and support at $ 1,02,200. The market has strengthened by the US President Donald Trump’s positive hints about the trade -related deal with China. Apart from this, due to decrease in tension between India and Pakistan, the sentiment has become positive in the market.

Payments are also being accepted in cryptocurrency in some countries. Bhutan has 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 will need to sign on the app of Binance.