Cryptocurrency Prices Today: There has been an increase in the prices of all cryptocurrencies including bitcoin, know what is today’s price

Cryptocurrency Prices Today of 11 August 2021: In cryptocurrencies today, an increase has been recorded in the prices of other digital currencies including bitcoin. Bitcoin has seen an increase of 1.1 percent in the last 24 hours and its market value has increased to about 34 lakh 80 thousand 219 rupees ($ 46,170). Earlier in the last two sessions too, bitcoin was trading at a price of more than 34 lakh 55 thousand rupees ($ 46,200), which was its highest level in 11 months.

Ether, which is linked to the Ethereum block chain, was trading at Rs 2 lakh 42 thousand 535 with a gain of 2.83 percent and Dogecoin was trading at Rs 20 13 paise with an increase of about 3.8 percent. Apart from this, XRP, Uniswap, Binance Coin, Stellar, Litecoin and Cardano are also trading with gains of 3 to 16 percent in the last 24 hours.

There has been a rise in the price of Cardano and it is trading above 19.6 percent at Rs 132 86 paise. At the same time, Tether is also trading at Rs 75 59 paise with a gain of 0.07 percent.

What is cryptocurrency

Cryptocurrency is a digital currency that can be used for online transactions only. These digital currencies are encrypted i.e. coded, hence they are also called cryptocurrencies. Its transactions are managed by the ledger which ensures its transparency. It is all encrypted. Initially, there were a lot of apprehensions about its value. There was a time when only two pizzas could be bought with 10 thousand bitcoins. Today it is the most expensive token money.

According to the Coin Market Cap website, more than 11 thousand cryptocurrencies are being traded through the exchange all over the world. According to the website, cryptocurrencies worth $1.5 trillion are currently running in the market. There are currently 19 crypto exchange markets in India for buying and selling cryptocurrencies, in which the name of WazirX was in the news recently.

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