Talking about Ether, the world’s second most popular cryptocurrency, the value of Ether on Coinswitch Kuber is $1,518 (approximately Rs 1.21 lakh), while its value on global exchanges is $1,429 (approximately Rs 1.14 lakh). There this cryptocurrency has gone up only around 0.18 percent in the last 24 hours.
According to data from CoinGecko, Ether’s poor performance this week has caused its value to drop 7% compared to last Wednesday’s price. Gadgets 360’s cryptocurrency price tracker also shows a mix of all altcoins. Meanwhile, the global crypto market cap saw a fall of 0.01 percent in early Wednesday.
Cosmos, Solana, Polygon, Stellar, Avalanche, Cardano and Chainlink have seen a slight decline in prices, while BNB, Tron and Monero have managed to post profits in the last 24 hours.
Popular Shiba Inu and Dogecoin in the form of Mimecoins are also showing mixed reactions. Dodgecoin is currently valued at $0.06 (approximately Rs 5.39), after a drop of 0.02 per cent over the past 24 hours, while the Shiba Inu is valued at $0.0000011 (approximately 0.000909) and is up 1.11 per cent over the previous day. Equity markets in the US and Europe have been at lower levels. This has dented bitcoin’s hopes of strength and has kept the crypto token tight between $19,000 and $22,000.