Bitcoin Price Today: As US Inflation Starts To Decline, It Bounces Back

The oldest cryptocurrency in the world, Bitcoin (BTC), was able to recover from a two-day slide as US Federal Reserve Chair Jerome Powell declared on Tuesday that inflation is beginning to decline. The majority of other well-known altcoins, like as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC), managed to finish in the green. The Graph (GRT) token emerged as the top gainer with a noteworthy 24-hour increase of more than 46%.

At the time of writing, the market capitalization of all cryptocurrencies was $1.09 trillion, up 2.41 percent over the previous day.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $23,274.10, an increase of 1.67 percent over the previous day. The price of Bitcoin was Rs 19.52 lakhs, according to Indian exchange WazirX.

Ethereum price today
At the time of writing, the price of ETH was $1,680.79, up 2.88 percent over the previous day. According to WazirX, the price of ethereum in India was Rs. 1.41 lakhs.

Dogecoin price today
According to data from CoinMarketCap, the 24-hour growth rate for DOGE, which is presently trading at $0.09255, was 1.90 percent. Dogecoin’s price in India was Rs 7.88, according to WazirX.

Litecoin price today
Litecoin gained 2.26 percent over the course of a day. It was worth $101.39 at the time of writing. The price of LTC was Rs 8,390.87 in India.

Ripple price today
The price of XRP was $0.4008, up 1.91 percent over the previous day. The price of ripple was Rs 33.35, according to WazirX.

Solana price today
The price of solana was $23.91, up 3.55 percent over the previous day. According to WazirX, the cost of SOL in India was Rs 2,086.99.