Bitcoin broke લર 4000 from a high after jumping 40 thousand dollars

A steady bullish break in the cryptocurrency market

Ecommerce giant says it has no plans to accept crypto

MUMBAI: The five-day steady advance in the global cryptocurrency market today saw a break and a sharp fall in prices from the highs. Bitcoin prices, which had crossed the 40 40,000 mark at one point, saw a massive jump in prices, rising to લર 2,000 again after breaking 4 4,000 from the highs.

According to company sources, there are no immediate plans to adopt cryptocurrency after indications surfaced yesterday that the world's largest e-commerce company will accept cryptocurrency. This led to a sell-off in Bitcoin.

Bitcoin traded at 38 38,447 to 4 38,448, with a high of 40 40,539 to 5 40,540 today, followed by a low of 36 36,419 to 4 36,420 and a low of 5 38,528 to 5 38,529. Trading volume, however, rose to થી 43 to 44 44 billion today. The market cap also rose to 72 723 billion from 724 billion.

Meanwhile, in the US, the two-day meeting of the Federal Reserve began on Tuesday and will end on Wednesday, with market players keeping a close eye on what indications are being given about reducing inflation, interest rates and bond buying. Bitcoin, meanwhile, saw signs of cutting about નિર્ 950 million in bearish sales on Monday.

Meanwhile, the prices of other cryptocurrencies behind Bitcoin also saw a rebound today. Mid-cap ether prices ranged from 23 2,434 to 44 2,344 today, after a high of 24 2,431 to 32 2,432, then a low of 21 2,153 to 5 2,154 and 22 2,289 to 90 2,290. Ether traded at 32 32-33 billion today and the market cap fell from 3 273 to 4 274 billion to 26 267 to 8 268 billion today.

Small cap ARP prices ranged from 65 to 66 cents, with highs ranging from 67 to 68 cents and lows ranging from 61 to 62 cents to 64 to 65 cents. XRP traded at 3.08 billion and the market cap fell slightly to સહે 64-65 billion, market sources said.