The rate of most cryptocurrencies is on the decline on Wednesday, March 1. Bitcoin opened lower by around 0.30 percent on national and international exchanges. At the time of writing the news, bitcoin was trading at $ 23,422 (about Rs 19 lakh). Let us tell you that for the past week, bitcoin has remained around this price point.
The value of bitcoin fell by $15 (roughly Rs. 1,235) in the last 24 hours. The decline of the strongest currency in the crypto charts has also stabilized other cryptos. This affects the overall cryptocurrency charts. All popular stablecoins including Tether, USD Coin, Ripple, and Binance USD were suffering losses today on the crypto price tracker.
Volatility is not stopping in the crypto market
The Binance USD (BUSD) token, which will be delisted from Coinbase on March 13, has not seen any major changes. Despite Coinbase’s decision, there is no major change in the value of this currency. At the time of writing the news, BUSD was trading at around $1 (roughly Rs. 82) and there was no significant change in the last 24 hours.
Other popular altcoins such as Binance Coin, Cardano, Polygon, Solana, and Polkadot also saw losses. Dojicoin and Shiba Inu were also trading with losses.
Check crypto token rates
Most cryptocurrencies were in the red on Tuesday following the release of US consumer confidence data for February. Some tokens managed to register gains, but these were only marginal. With a gain of 0.26 percent, ETH price touched the mark of 1,635 (roughly Rs. 1.35 lakh). ETH value increased by $7 (approx Rs.580) yesterday. Gains were seen in Litecoin, Uniswap, Chainlink, Monero, and Elrond. Flex, Floki Inu, Circuit of Value, SushiSwap, and Name maintained small profits on the price charts.
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