The most popular and valued cryptocurrency Bitcoin (BTC) has for the third day in a row, recorded very small profits on the date of Sep 7th (Thu). It recorded a very small gain of 0.16% to trade right at the price point of roughly 21.4 lakhs.
In the last twenty four hours, the value of BTC has actually risen by 4,905 Rs.
This sudden hike in price could actually be influenced by the FASB. Their approval regarding favorable methods for various companies pertaining to handling of cryptos on their financial records.
ETH (Ethereum) has also joined the BTC crypto in terms of minor hikes. ETH saw a rise of 0.49% which roughly sums up to 1.36 lakh rupees.
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