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Bitcoin Rises But Crypto Market Continues Decline


Bitcoin price rose 6.53% to $20,342.88. Ethereum rose 10.25 percent to $1,160.36.

cryptocurrency bitcoin price

Bitcoin price remains low.

HIGHLIGHTS

  • Bitcoin lost about 57% in the first six months of the year
  • Ethereum is down 71% so far
  • Dogecoin up 0.78% and Shiba Inu up 1.11%

The Bitcoin price on Tuesday rose but is still hovering just over $20,000. However, the crypto market volume remains low.

The world’s largest and most popular cryptocurrency, Bitcoin, has lost about 57% in the first six months of the year, while the second largest cryptocurrency, Ethereum, down 71%.

BITCOIN PRICE

Bitcoin price rose 6.53% to $20,342.88. Ethereum rose 10.25 percent to $1,160.36.

“Despite a bearish start to this week, Bitcoin and most cryptocurrencies posted significant growth on Monday, benefiting from the US Independence Day holiday. the largest cryptocurrency has dropped 44% since Independence Day,” said Edul Patel, Co-Founder and CEO, Mudrex.

“If the bulls can sustain the upside, breaking above $21,000, we could see the next rally towards $29,000,” said Patel.

XRP is down 0.25%, Solana is up 9.87%, Cardano is up 4.64%, Stellar is up 3.16%, and Polkadot is up 0.86%.

Dogecoin is up 0.78% and Shiba Inu is up 1.11%.

ALSO READ | Rupee hits record low of 79.04 against US dollar



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