Bitcoin prices rebounded to 5,000
The hearing is set to begin on January 17
MUMBAI: The cryptocurrency market plunged by 5-7 per cent today. The rise in the global dollar index and the outbreak of the new Omicron virus in various countries led to a surge in the crypto market today.
Meanwhile, the Mumbai High Court today directed the Center to inform the court by January 17, 2022 about the introduction of the cryptocurrency bill in Parliament and how further action is being taken in this regard.
A further hearing is now set for January 17. The case has been started following a PIL filed by legislator Aditya Kadam. Meanwhile, the price of Bitcoin today fell from ркиી 53359 to a high of 27 58271 to 30 57302 to 30 57303.
Bitcoin's market cap rose to 1080 1,030 billion from 10 1.10 billion to 1080 1,030 billion today. MicroStrategy bought about 7,000 bitcoins in three months at a cost of 41 41.4 million, according to world market sources.
In midcap crypto, the price of ether today was at a low of 39 3971 and a high of 4376 to 4338 to 4339 dollars. The market cap increased from 80 480 billion to 9 509 billion to 10 510 billion. Ether traded between 4 974 million and 75 975 million today.
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