Crypto: News

Bitcoin on Wednesday, May 8 showed a minor dip of 1.45 percent which it incurred over the last 24 hours. The asset, most expensive on the crypto chart, is presently trading at the price point of $66,695 (roughly Rs. 55.6 lakh) on Indian exchanges like CoinSwitch. On international exchanges like CoinMarketCap, the value of Bitcoin is hovering over the mark of $62,600 (roughly Rs. 52.2 lakh). In a noteworthy development, Bitcoin has clocked one billion transactions this week for the first time since its inception in 2015.

Ether has been performing better than Bitcoin in recent days. The second most popular crypto asset after BTC, ETH is presently trading at $3,194 (roughly Rs. 2.66 lakh) after logging a small loss of 1.78 percent. On foreign exchanges like CoinMarketCap, the asset is priced at $3,009 (roughly Rs. 2.51 lakh).

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