Cryptocurrency Price update today 11th June 2021 Bitcoin Ethereum Tether Dogecoin rate alert

Cryptocurrency price INR: After falling to a record level, now bitcoin is seeing an uptrend. After the legalization of bitcoin in El Salvador, it is showing a bullish trend.

After the rise of more than 8 percent on the previous day, even today the phase of growth in the cryptocurrency continues. The world’s most popular and largest cryptocurrency in terms of market cap is seen trading up about 31 per cent from this year’s low. On January 4 this year, bitcoin had fallen to the lowest level of 2021 with $27,734. Since June 8, there is an increase in the price of bitcoin.

Actually, the Central American country of El Salvador has legally recognized bitcoin. Any person in this country can now spend on any goods or services in exchange for bitcoins, just like dollars. This statement from El Salvador has come at a time when there is a worldwide demand to put a regulatory rein on it.

An American firm is also in the process of launching a cryptocurrency exchange-traded fund. So far, this fund named Invesco has not got regulatory approval. Apart from this, many other brokerage firms are also preparing to offer the option of investing in cryptocurrencies through their platform. However, the plans of these firms may go into jeopardy amid the demand for inclusion of the cryptocurrency market under the regulatory framework.

Rates of the world’s 10 largest cryptocurrencies as of June 11 at 09:30 am (these figures are taken from coinmarketcap.com)

1. Bitcoin: Up 1.69 percent to $36,714.42s
2. Ethereum: Falls 4.01 percent to $2,465.98
3. Tether: up 0.02 percent at $1.00
4. Binance Coin: Down 3.85 percent to $355.74
5. Cardano: Falls 4.15 percent to $1.53
6. Dogecoin: Down 4.32 percent to $0.3251
7. XRP: down 2.97 percent to $0.8695
8. USD Coin: Up 0.05 percent to $1.0
9. Polkadot: Up 4.03 percent to $22.96
10. Uniswap: Up 5.44 percent to $23.22

Which cryptocurrency has gained the most

1. Pee DeFi: 3,384.47 percent up $2.79 in last 24 hours
2. Amum Ether 3x Daily Short: $0.123 up 736.63 percent in last 24 hours
3. Index Chain: $0.01752 up 425.11 percent in the last 24 hours
4. NudezCoin: Up 215.43 percent in the last 24 hours to $0.00001174
5. Litecash: $0.01083 up 174.95 percent in last 24 hours