Cryptocurrency: Strong boom in crypto market, investors earn huge amid Russia-Ukraine war


Posted on 1st Mar 2022 03:20 pm by rohit kumar

On the one hand, the war between Russia and Ukraine is increasing and it is affecting the currency of different countries from the stock market. On the other hand, the unregulated and risky crypto market is different. Tuesday is looking auspicious for cryptocurrency investors. The world's top 10 digital currencies are trading on the green mark. While the price of the most popular of these, bitcoin, jumped up to 14 percent, most cryptocurrencies, including Ethereum, Binance Coin, and Terra, have seen huge jumps.

 

 

bitcoin investors

 

After the start of the war between Russia-Ukraine, lines of concern were raised on the foreheads of not only the stock market investors but also those who invested money in the cryptocurrency market. But, on Tuesday, the crypto market looked buzzing. The price of bitcoin, the world's most popular cryptocurrency, rose by up to 14 percent. By the time of writing the news, the price of bitcoin had risen by more than 12 percent or Rs 3,73,370 to Rs 34,35,674. At this price, the market capitalization of bitcoin also increased to Rs 61.8 trillion.

 

 

Ethereum also earned

 

Ethereum, the world's second most popular cryptocurrency after bitcoin, also saw a strong rally. On Tuesday, the price of Ethereum rose by 10 percent or about Rs 20 thousand to reach Rs 2,28,008. The market capitalization of Ethereum has also increased to Rs 26.3 trillion at this price. If we talk about other cryptocurrencies included in the top 10, then the price of Binance Coin increased by 11 percent and it increased to Rs 32,145. Apart from this, a tremendous jump of 19 percent was registered in Tera and it came down to Rs 6,930.

 

The rise in these digital currencies too

 

If we look at the other digital currencies included in the top-10, except Tether Coin, most of the other currencies were in gains on Tuesday. Tether has decreased by 2.28 percent and its price has come down to Rs 78.2. After this fall, the market capitalization of Tether has also come down to 6 trillion rupees. Barring this, Cardano gained more than 8 percent and its price fell to Rs 75.63. Polkadot rose 8 per cent to Rs 1,465. Dogecoin registered a gain of 5 percent and its price went up to Rs 10.38. Shiba Inu Coin saw an increase of 7.66 percent and its price came to Rs.0.002024. At the same time, the price of Litecoin increased by 6.54 percent to Rs 8808.

 

The fall came on the first day of the attack

 

The first day of Russia's attack on Ukraine was visible on the crypto market along with the markets around the world. The cryptocurrency market also collapsed on Thursday after Russian President Vladimir Putin's announcement. Bitcoin and Shiba Inu were down 10 percent, DodgeCoin lost more than 12 percent. Apart from this, the prices of Solana, XRP, Terra, Avalanche, Stellar, Cardano, Polygon, Polkadot also fell by 8-15 percent on that day.

1 Like 0 Dislike
Previous news Next news
Other news

Donald Trump: 'Thank God Trump was shot...', Biden's statement came again 24 hours after the attack; and gave a special message to the country

Donald Trump assassination attempt There was an unsuccessful attempt to assassinate former US Pre

Kisan Andolan: Peace at Shambhu and Khanauri border...but tension, tight vigil in Kundli and Tikri; Police set up tents

After the farmers' march to Delhi was postponed, the agitation was seen only on the Punjab side o

Twitter New Logo X: Is the Twitter logo related to the 'X' sign of the Indian Railways? Why this mark is made behind the coach

'X' sign on India Train coach: Twitter's logo 'X' is trending a lot. This is being discussed ever

Narendra Modi: 'We are determined to make India the third largest economy in the world': PM Modi at G20 meeting

Prime Minister Narendra Modi (PM Modi) virtually addressed the G20 meeting of trade and investmen

PM Modi: Bapu's words in the personal diary of the Prime Minister, know which statements of Gandhiji are the inspiration for PM Modi

On the death anniversary of the Father of the Nation Mahatma Gandhi, a social media account of Pr

Bengaluru: "Haye Rey Bengaluru traffic", loss of Rs 19,725 crore every year; claim in the study

Rs 19,725 crore is being lost every year due to traffic in Bengaluru alone. This is not us but it

One-fourth of the world's malnourished in India: Report claims India tops in milk-vegetable-pulse production, but 22 crore Indians do not have enough food

The ill effects of the Corona period are now visible in the world. According to the UN's 'The Sta

Chamoli Avalanche: 47 workers missing in avalanche rescued, search for 8 continues; CM Dhami arriving shortly.

Due to continuous snowfall in the mountainous areas of Uttarakhand, a curfew-like situation has a

Sri Lanka Crisis: Only today's petrol stock is left in Sri Lanka, the coming days will be difficult, there will be some relief after India's help

Petrol stock in Sri Lanka is now only one day left. Sri Lankan PM Ranil Wickremesinghe himself ha

Shamshera Trailer: The double role of 'Shamshera' was revealed, Ranbir Kapoor will be seen in the role of father and son

Ranbir Kapoor, who is returning to the big screen with his new film 'Shamshera' after four years

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