Cryptocurrency market recovers, big gains in popular altcoins including bitcoin, ether

News of great relief for the investors when the green color appeared in the crypto price chart. The price of bitcoin today, ie on July 8, reached 22 thousand dollars (about Rs 17.60 lakh). The price of bitcoin on Indian crypto exchange Coinswitch Kuber increased by 6.82 percent. The price of bitcoin has seen more growth on international exchanges. For example, on exchanges like Binance and Coinbase, the price of bitcoin has risen above 8.25 percent and is trading at $22,079 (approximately Rs.17 lakh).

The effect of the increase in the price of bitcoin was also visible on the price of ethereum. According to the Gadgets 360 Crypto Price Tracker, the price of Ether has risen by 6.23 percent today. Currently Ether is trading around $ 1,267 (about Rs 1 lakh). Apart from this, a lot of increase has also been seen in other popular altcoins today. Binance Coin, Ripple, Cardano, Solana, Polkadot, and Avalanche all registered significant gains today.

Both the Shiba Inu and Dodgecoin tokens have seen an increase in the Mime cryptocurrency. Today, Dodgecoin lags behind Shiba Inu in terms of gains. Dodgecoin is up 0.7 percent today while Shiba Inu has gained more than 3 percent. At the time of writing the news, the price of Dodgecoin in India was at Rs 5.60 while the price of Shiba Inu in India is trading at ₹ 0.000879.

Even though the green color dominated the cryptocurrency market today, there were some tokens in which there have been losses. The names of Tether, USD Coin, Monero were among the tokens that registered a fall in prices.