Most of the major cryptocurrencies traded in red in the last 24 hours, with only Tether, USD coin, Polkadot and Dogecoin showing a slight increase.
The rise comes after Middle East's first bitcoin fund launched on the Dubai bourse with 3iQ Corp seeking to raise around $200 million.
Will Bitcoin be able to cross its all-time high of nearly $64,000 again in near future?
Most of the major cryptocurrencies traded in red in the last 24 hours, with only Tether, Binance USD and USD coin showing a significant increase.
Other cryptocurrencies like Dogecoin, Binance USD, XRP and Binance Coin were trading at more than 7%
SIP in cryptocurrencies is similar to that in equities. It's an effective method for beginners in the crypto market, says ZebPay's Avinash Shekhar
The disclaimer will prompt potential investors to go into the fine-print of cryptocurrencies
Price of the world's most valued cryptocurrency, Bitcoin, tumbled after a sell-off in global markets, sparked by a surge in Covid-19 infections
Bitcoin and Ethereum fell by 4.22% trading at $30,190.03 and 6.95% trading at $1,753.48. All other cryptocurrencies were in red
Bitcoin and Ether have usually corrected by 50% from every previous all-time high before restarting their upwards momentum, says CoinDCX's Sumit Gupta