Crypto prices tumble over uncertainty in India
There was a big dip in the crypto market on Saturday amid the debate about the future of cryptocurrency in India. There has been a huge decline in other cryptocurrencies including bitcoin. The world’s most popular cryptocurrency, bitcoin, fell by about 17 percent, while other cryptocurrencies, including Ethereum and Dodgecoin, also fell.
According to CoinGecko, Bitcoin, the world’s largest cryptocurrency, was trading down 16.6 percent. With this fall, bitcoin came down to a low of $ 42 thousand. On November 10, this digital currency had touched $69 thousand.
The price of Ethereum, the second most popular cryptocurrency after bitcoin, fell by 15.9 per cent on Saturday. The cryptocurrency touched its all-time high in November. Apart from this, a decline of 22.2 percent has been recorded in the price of Dodgecoin. A decrease has also been registered in Binance Coin, Polkadot, Shiba Inu and Litecoin.
