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Crypto Market Update

Bitcoin’s price rose by 2.03% on May 10, reaching $66,115 in Indian exchanges and $62,879 internationally. Technical indicators predict a potential dip to $60,000.

The crypto chart reflected more gains than price dips on Friday, May 10. Bitcoin recorded a minor price hike of 2.03 percent to trade at $66,115 (roughly Rs. 55.2 lakh) on Indian exchanges like CoinSwitch. On international exchanges, meanwhile, the asset is trading at a slightly lower price point of $62,879 (roughly Rs. 52.5 lakh). In the last few days, Bitcoin has retained its value in the same bracket. Market analysts have pointed out that technical indicators like the RSI suggest a potential dip back to $60,000 (roughly Rs. 50 lakh) for BTC in the coming day

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