The cryptocurrency market has seen a tremendous boom in the last 3 days, especially as Bitcoin, Litecoin and Dogecoin prices have risen drastically. In the last 24 hours, the world’s most popular cryptocurrency Bitcoin prices have reached record highs. Today the price of a bitcoin is trading at more than $ 47,553 i.e. 34.66 lakh rupees. Bitcoin prices have gained 21.47% in the last 24 hours and the market cap (m-cap) of Bitcoin has increased to more than $ 886.16 billion i.e. 64.60 lakh crore rupees.
Similarly, in the past 24 hours, Litequine has gained 13.66%, XRP 10.19%, Ethereum 7%, Stellar 3.5% and Dogquin 11%. Dogquin was trading at $ 0.079708 at 12.30 pm today. Litequine was at $ 171.74 and Ethereum at $ 1761. Talking about other cryptocurrencies, XRP today is trading at $ 0.478934 and Steller at $ 0.398780.
In the last 24 hours, Litequin has been trading in the range of $ 147 to $ 175. Its m-cap has grown to $ 10.828 billion, or about Rs 80,000 crore, and its stake in the cryptomarket is less than 1%. Litecoin has gained over 30% in the last 7 days. However, it is still trading at 60% below its all-time high of $ 420. At the same time, the value of XRP remained stable last week. XRP is trading at 85% below its all-time high price of $ 3.29.
Tesla’s Huge Investment in Bitcoin
The American car maker Tesla has invested heavily in Bitcoin. It has also indicated that in the coming time, the customers of the company will be able to use Bitcoin for the purchase of their cars and other products. The company of Elon Musk has invested $ 1.5 billion in Bitcoin. Musk, who initially objected to bitcoin, said in an interview recently that I made a mistake, I should have already bought bitcoin. After this, bitcoin prices climbed 14%.