Cryptocurrencies including Bitcoin, Ether, Dogecoin accelerated!

Business Crypto Finance Technology

Today, the values of all major cryptocurrencies, such as Bitcoin, Ether, Dogecoin, and Shiba Inu, have risen. In a speech to legislators on Tuesday, December 11, US Federal Reserve Chairman Jerome Powell pledged to battle inflation, causing all crypto to soar.

The value of bitcoin (Bitcoin’s latest price) has increased by 2.94 percent as of Tuesday and is now trading at $46,177. (approximately Rs 34.13 lakh). In the past 24 hours, It has increased by 0.32 percent on CoinSwitch Kuber. At the same time, the world’s most popular cryptocurrency is now trading at $42,548 (about Rs 31.44 lakh) on the worldwide market, up 0.60 percent in the previous 24 hours.

Ether, the second most valuable cryptocurrency by market capitalization, is also doing well. After falling about 15% in the previous two weeks, the cryptocurrency rebounded 7.06 percent on Tuesday and was trading at CoinSwitch Kuber $3,503 (around Rs 2.59 lakh) on Wednesday. On the worldwide market, the price of ether was $3,225. (approximately Rs 2.38 lakh).

Cryptocurrencies such as Dogecoin and Shiba Inu have also performed well. Dogecoin is presently trading at $0.17 (about Rs 12.34), up 5.86 percent in the last 24 hours, while Shiba Inu is trading at $0.00003 (roughly Rs 0.00224), up 3.13 percent. SHIB has been down 13.8 percent in the last week, while DOGE has dropped 8.7%.