Ethereum ETH Ethereum Price in India Today 17 April 2023 News

Ether, Cardano, Solana, and Polkadot joined BTC in recording losses. Stablecoins like Tether, Ripple, and Binance USD reeled in gains despite the tough market movement. The overall crypto market valuation rose by over three percent in the last 24 hours. Bitcoin and Ether, along with maximum other cryptocurrencies recorded gains on Friday, March 24. These even include Dogecoin and Shiba Inu among Solana, Polkadot, and Polygon.

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India, under its yearlong G20 presidency that started in December last year, is spearheading the drafting of crypto rules that will work on an international level. Other G20 nations along with the World Bank and the IMF are participating in India’s crypto-related work. “Bitcoin reached a peak of $31,005 (roughly Rs. 25.4 lakh) on April 14, marking its highest point since June 2022.

Before we proceed further, readers should note that the overall crypto market and coin prices are extremely volatile in nature. There are no foolproof methods to ascertain how cryptocurrencies are expected to behave in the future. This article is aimed at helping investors stay on top of the current market scenarios and the biggest events that have already taken place as well as some upcoming occurrences that are worth noting. Investors are advised to do their own research before taking any call. Smart contract is a phrase used to describe computer code that can facilitate the exchange of money, content, property, shares, or anything of value.

Similarly, Ethereum news on Monday continued to trade around its heightened prices. With a gain of 0.73 percent, Ether is currently trading at $2,097 (roughly Rs. 1.71 lakh). The overall crypto market is seeing investors flocking with their capital after the banking system took a bit hit in the US last month. Bitcoin and Ether, both of the top two cryptocurrencies are trading at their highest prices in the last eight months, that have grown majorly since last year.