Bitcoin on Wednesday, October 13 continued to remain on the loss-making side of the crypto chart for the third consecutive day. Having incurred a loss of 2.37 percent, the value of BTC has fallen to its current price point of $40,867 (roughly Rs. 34 lakh). The crypto asset saw a price drop of $964 (roughly Rs. 80,401) over the last day. Last week, Bitcoin was trading at $44,000 (roughly Rs. 36.6 lakh). As per market analysts, most crypto assets including Bitcoin are currently undergoing a period of price correction. What Others Are Searching Ethereum is the second largest cryptocurrency by market capitalization, second only to Bitcoin. Ethereum changed the cryptocurrency industry by introducing smart contract functionality to blockchain networks. Smart contracts allow users and developers to access emerging industries like decentralized finance (DeFi).
Cryptocurrency, or crypto, is a form of digital asset that is secured by cryptography and the blockchain. The most notable example of a cryptocurrency is bitcoin, though thousands of other similar assets exist. Cryptocurrencies are regarded by many as the money tech of the future due to their accessibility and un-censorable nature. Crypto Product Reviews Get In-Depth Profit & Loss AnalysisConnect your wallet to get 24h, daily, weekly and cumulative Profit & Loss analysis. Level up your crypto investing strategy.