Bitcoin Opens with Small Gains, Stablecoins Join ETH and SOL in Seeing Losses
Bitcoin opened with a small gain of 0.59 percent on Wednesday, January 11. While the profit was minor, Bitcoin did manage to retain its recently risen price point. The oldest crypto asset is currently priced at $17,385 (roughly Rs. 14.2 lakh). In terms of numbers, Bitcoin’s value rose by $195 (roughly Rs. 15,952) in the last 24 hours. However, the overall crypto price charts reflected reds next to a bunch of cryptocurrencies. Ether forged its own trajectory rather than tailing behind Bitcoin. ETH value dropped by 0.23 percent bringing its price to $1,327 (roughly Rs. 1.08 lakh), showed the crypto price tracker by Gadgets 360. Rallying behind Bitcoin with small gains, both meme coins Shiba Inu and Dogecoin made a mark. Profits were further recorded by Tron, Avalanche, Wrapped Bitcoin, Monero, and Elrond. Comparatively lesser talked-about cryptocurrencies including Zcash, Iota, SushiSwap, and BrainTrust also emerged among profit-making altcoins. The overall crypto market valuation spiked by 0.75 percent in the last 24 hours. At the time of writing, the global crypto market cap stood at $855.68 …