BTC, ETH rally with significant gains, stablecoin see losses

BTC, ETH, Majority Cryptocurrencies Rally With Greens, Stablecoins See Losses

After battling volatility for the past few days, the crypto price chart depicted more greens than reds on Thursday, August 25. Bitcoin is currently trading at $21,490 (roughly Rs. Exchange Coinswitch Kuber. BTC also rose more than one percent on international exchanges. For example, according to Binance and CoinMarketCap, the current price of BTC is around $21,526 (roughly Rs.

Ether followed bitcoin to see small profits. According to Gadgets 360’s crypto price tracker, ETH was trading up 1.06 per cent at $1,671 (approximately Rs 1.33 lakh) on Thursday.

Most of the altcoins including Ripple, Cardano, Solana and Polkadot saw gains.

Of the two Memecoins, Dogecoin increased in price and Shiba Inu suffered losses.

Stablecoins such as Tether and Binance USD, as well as some other altcoins such as Tron, Bitcoin Cash and EOS Coin, began trading with small but significant declines.

Despite constant price volatility, the total crypto cap has managed to stay above the trillion-dollar mark.

The global crypto market cap is currently at $1.04 trillion (approximately Rs 82,77,167 crore), a growth of 1.41 percent over the previous day. CoinMarketCap,

At this point, India has over 115 million crypto investors, which is 15% of its vast population, said a recent report by KuCoin crypto exchange.


Cryptocurrency is an unregulated digital currency, is not legal tender and is subject to market risks. The information in this article is not intended to be financial advice, trading advice or any other advice or a recommendation of any kind offered or endorsed by NDTV. NDTV shall not be liable for any loss arising out of any investment based on any alleged recommendation, forecast or any other information contained in the article.

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