Most cryptocurrencies including Bitcoin & ETH down by upto 6%

Bitcoin price makes a new high over $61000
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In the last 24 hours cryptocurrency market, especially in India, saw a massive profit booking. Most cryptocurrencies lost value up to 6 percent.

ETH was selling at Rs. 2,32,559 per coin, dipped 3.33 per cent in last 24 hours. Another crypto major Dogecoin is selling at ₹11.38, near 0.69 or 5.75 per cent lower from its price 24 hours ago. Dogecoin market capital is currently at ₹1.7 trillion while its current trade volume is ₹541.3 billion.

After Elon Musk’s announcement of buying Twitter, a crypto token named “ELON BUYS TWITTER” surged 10,500% alongside SHIB and others. At this point of time, the major profit booking spree took place.

At the time of writing this, almost all cryptocurrencies are in the Red.

About the author: IE&M Team
IE&M Team
Indian Economy & Market is an Indian media and information platform producing data-backed news and analysis on all the vital elements at the intersection of the economy, stock markets, mutual fund, insurance, commodities, currency, technology, startups and business.

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