Crypto Market in Profit, Bitcoin Price More than USD 68,000

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Bitcoin, the largest cryptocurrency in terms of market value, was up 0.66 percent on Thursday. Its price was around $68,105 on international exchanges like Coinbase and around $72,005 on Indian exchanges like WazirX. The crypto market was bullish due to the Federal Reserve maintaining interest rates in the US.

Ether price has increased by about 0.30 percent. On international exchanges Ether The price of was around $3,509 and $3,112 on Indian exchanges. Apart from this, Avalanche, Binance Coin, Solana, USD Coin, Ripple, Cardano, Polkadot, Chainlink, Near Protocol, Polygon and Litecoin were included. Tether, Braintrust, Circuits of Value and Tron were down. In the last one day, the market capitalization of crypto was up by about 1.40 percent to $2.47 trillion.

Crypto exchange ZebPay’s trade desk told Gadgets360, “Despite preparations to launch Ether’s spot exchange traded fund (ETF) in the US, its price is below $3,750. It has support at $3,450 and resistance at around $3,700.” Crypto app CoinDCX’s markets desk said, “The consumer price index data in the US has been lower than expected. This led to some growth in the market. A level above $67,000 is important for Bitcoin to rise.”

Last month, Bitcoin completed one billion transactions on block number 8,42,241. According to Clark Moody’s Bitcoin Dashboard, the total number of Bitcoin transactions on May 7 was 1,000,701,505. The first Bitcoin block was mined on January 3, 2009. In its 5,603 days of existence, the Bitcoin network has processed an average of 1,78,475 transactions per day. This does not include transactions processed through the Lightning Network. The creator of Bitcoin is called Satoshi Nakamoto. Satoshi published the first Bitcoin whitepaper on October 31, 2008 and then the price of Bitcoin was at $0.0008. In the US, the Federal Trade Commission (FTC) Crypto The FTC has warned of a rise in romance scams related to the FTC. The FTC has said that one should be cautious of people who lure you into online romance and ask you to invest money in investments, especially cryptocurrency.



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