The cryptocurrency market is currently experiencing wild swings, with large losses and quick recoveries. Elon Musk, the creator of Tesla and SpaceX, has tagged the Dogecoin developers account on Twitter and asked his followers to send ideas to "create Doge" (cryptocurrency Dogecoin) on GitHub or the Dogecoin subreddit page on Reddit. The fact that the US Federal Reserve has allayed investor concerns about increasing interest rates as a result of inflation could boost risk appetite in the coming days. This has the potential to push Bitcoin over the $40,000 barrier. By 10.48 am Ethereum had gained the most of all cryptocurrencies, increasing over 20%. Despite the dramatic increase, it has dropped by nearly half since its height earlier this month.
Check latest prices of popular cryptocurrency in India (May 25)
|Cryptocurrency||In Rupees||Percentage||Market Cap|
|Bitcoin||Rs. 27,85,997||8.27%||Rs. 52.0T|
|Ethereum||Rs. 1,88,170||20.44%||Rs. 21.7T|
|DOgecoin||Rs. 25.92||14.36%||Rs 3.3T|
|Litecoin||Rs. 13,045||18.04%||Rs 867.6B|
|Shiba Inu||Rs. 0.000717||25.10%||Rs 283.5B|
The list is to provide a general idea of current cryptocurrency trends. These are not the live prices. The prices are from Coinmarketcap.