Cryptocurrency: Filecoin and Aster were the top gainers, know how the crypto market behaved in a week


Posted on 20th Feb 2023 05:59 pm by rohit kumar

US-based crypto exchange Kraken has halted its staking service and had to pay a US$30 million fine to the SEC last week for failing to register the service. After this incident, the week started with a decline in the crypto market.

 

 

Bitcoin started trading at the $22,000 level. Let us tell you that before the release of the inflation data in the US, it had reached the level of $ 21,000, but after the release of the data, most of the cryptocurrency market has gained momentum. Bitcoin reached its highest level since August last Thursday.

 

 

Although it is down about 65% compared to bitcoin's all-time high. However, on Saturday, bitcoin is currently back at the $24,600 level. If the rally continues strong, it could test the $25,000 level in the coming weeks.

 

The second largest cryptocurrency, Ethereum, has also traded in line with Bitcoin this week. Ethereum touched the 1,700 level last Thursday and reached the $1,600 level after the PPI data was released.

 

On the other hand, XRP also rallied due to the SEC-Ripple lawsuit, although this rally soon fizzled out. Polygon outperformed bitcoin on Friday.

 

Also Read: Budget 2023: Going abroad has become expensive, and there will be a burden on the pocket; the TCS rate increased to 20 percent

1 Like 0 Dislike
Previous news Next news
Other news

Wimbledon 2023: Roger Federer will be seen in Wimbledon, and will celebrate his eight trophies with fans

The second day of the Wimbledon Championships 2023 will be named after former tennis player Roger

Riots at metro station...: Muslims Youth jumped out of the exit gate, video of Jama Masjid station went viral; DMRC gave clarification

A video of the Delhi Metro is becoming increasingly viral on social media. In which some people a

Exam Warriors book should be in the school library: instructions of the Union Ministry of Education; In the book, PM told the students how to relieve stress

Now a book named 'Exam Warriors' will be kept in the library of all the schools in the country. I

Tahawwur Rana: Rana had helped Headley in getting an Indian visa, he had come to India before the Mumbai attack

Mumbai terror attack conspirator Tahawwur Rana had helped co-conspirator David Komlan Headley to

Jio Bharat V2: Jio launched a 4G phone for Rs 999, only Rs 123 plan came with it

Reliance Jio has launched the 4G phone 'Jio Bharat V2'. 'Jio Bharat V2' will be available at very

Navratri 2023: Worship Goddess Brahmacharini with this method on the second day of Navratri, income and good fortune will increase.

Shardiya Navratri 2023 Day 2: Shardiya Navratri is celebrated every year from Pratipada Tithi of

Delhi: Manish Sisodia will now be prosecuted in the espionage case, the Ministry of Home Affairs has permitted to register an FIR

After the alleged scam in the Delhi government's new excise policy, now Deputy Chief Minister Man

This actor is perfect for Yuvraj Singh's biopic, the cricketer praised him

Yuvraj Singh Biopic: The life of cricketers has been very inspiring. Everyone knows how he is on

When will the fire in Ghazipur landfill be extinguished: Rescue went on all night, and the mountain of garbage is still burning; Know what people said

Last evening, a sudden fire broke out in the garbage mountain located in Ghazipur on the border o

Turkey Earthquake: There is less hope of survival of people buried in the debris, UN will help earthquake victims

Rescue workers pulled several people alive from the rubble of buildings in Turkey on Monday. Howe

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash