Macroeconomic drivers, including the decline of the US dollar (USD), will dampen the effects of the Bitcoin (BTC) halving cycle, which is the source of the market booms and busts that have been a feature of BTC since 2009, according to investor and founding partner of venture capital (VC) firm Draper Associates, Tim Draper. “Between … Read more
Bitcoin price dropped to $55,160 (roughly Rs. 46 lakh) on international exchanges like CoinMarketCap on Monday, months after it hit an all-time high of $73,750 (roughly Rs. 61.5 lakh). On foreign exchanges, BTC slipped by 4.09 percent in its price in the last 24 hours, while on Indian exchanges like BuyUCoin, CoinDCX and WazirX, the … Read more
As the crypto market entered September 2024, most cryptocurrencies saw significant losses. On Monday, September 2, Bitcoin experienced a price drop of 2.57 percent on Indian exchanges like CoinDCX and a decline of around 1.69 percent on international platforms, according to CoinMarketCap. With this, Bitcoin’s trading value on Indian exchanges presently stands at $61,469 (roughly … Read more
The overall crypto market is witnessing a rally after the US introduced cuts in interest rates around last week. Bitcoin on Friday, September 27 recorded price hikes of 3.09 percent and 2.4 percent on international and national exchanges respectively. At the time of writing, BTC was trading at $65,314 (roughly Rs. 54.6 lakh) on foreign … Read more
The Bitcoin rally, which began in November 2024 following Donald Trump’s election as the US President, has significantly lost momentum in recent days. On Friday, February 28, Bitcoin saw a nearly six percent decline on international exchanges, dropping to $80,020 (roughly Rs. 69.9 lakh) for the first time since November 2024. Indian exchanges reflected a … Read more