By Admin 
International Crypto Exchange after this report is published Binance But bitcoin was over 94,400 dollars. The second largest cryptocurrency Ether had a decline of about 0.35 percent. The Ether’s price was trading at $ 1,815. Apart from this, the prices of Solana, Monero, Ripple, Cronos, Elrond and BNB are reduced. In the last one day, Crypto’s market capitalization declined by about 1.47 percent to about $ 2.96 million.
Market analysts say that investors are cautious before the FOMC meeting in the US. Bitcoin has resistance at $ 97,800 and support at about $ 92,000. Bitcoin has recorded the highest number of its active adresage in six months. It was more than 9,25,000 adresage in a day. This is indicating increasing interest of investors. There is a positive trend in the Crypto Market from the talks between the US and China and positive sentiments in the stock market.
Recently, the Executive Director of the Council of the Advisors of the President on the Digital Assets of the White House, BO HINES, reported that the US government is considering ways to use its gold reserve for holding bitcoin. He had said, “If we redeem the profit on Gold Reserve, it will be a good way to buy bitcoin.” Hines also mentioned the Bitcoin Act introduced by Senator Cynthia Lummis. In this, there was a favor to buy about 1 million bitcoins. This will be about five percent of the total supply of bitcoin. Earlier, Trump signed the order to create a strategic reserve of bitcoin. The Strategic Bitcoin Reserve of the US will include bitcoins seized by the government. For this, new purchases of bitcoin will not be done. Regulations can be made for this segment in some countries.
Cryptocurrency prices in Indian exchanges
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