Bitcoin Price Drops Below $103,000 Amid Ongoing Market Uncertainty
Bitcoin’s price saw a slight price drop on Monday, as the values of most cryptocurrencies fell over the weekend. The price of the world’s largest cryptocurrency dropped by less than one percent on international exchanges over the past 24 hours. At present, Bitcoin is trading at $102,845 (roughly Rs. 87.9 lakh) on global platforms, as per data by CoinMarketCap. The asset also followed a similar trajectory on Indian exchanges, where its price fell by 0.10 percent to trade at $105,595 (roughly Rs. 90.3 lakh) on platforms like CoinSwitch and CoinDCX. The price of Ether fell by five percent over the past 24 hours. ETH was trading at $2,376 (roughly Rs. 2.03 lakh) on international exchanges on Monday. On Indian exchanges, Ether slipped by nearly five percent, and it is available at $2.08 lakh (roughly Rs. 2,435). “Bitcoin has been consolidating within a tight range recently. Bulls are now attempting to push past the key resistance level at $105,820 (roughly Rs. 90.4 lakh). Supporting this momentum, both moving averages are trending upward, and the Relative Strength …






