What is Cryptocurrency and what risks involved in it?? - Page 2

Potential investors should thoroughly research and understand these risks before engaging in the cryptocurrency market. But for example front-end development in this sphere is growing at a great speed. Many companies are now starting to focus on crypto, it's a fashion).

Major crypto tokens traded mixed on Friday. Bitcoin, Ethereum, BNB, Solana, Tron, and Uniswap witnessed slight declines of up to 2%, while XRP, Toncoin, Cardano, Avalanche, Polkadot, and Litecoin saw gains, climbing as much as 5%.

As of 1:07 pm IST, Bitcoin had slipped 2% to $57,939, while Ethereum dropped 0.8% to $2,342. Meanwhile, The global cryptocurrency market cap fell by 1.13% to approximately $2.13 trillion in the past 24 hours.

"Bitcoin has sustained at the $58,000 level, maintaining the bullish trajectory. The announcement by Trump on plans to launch his son's crypto business and the bullish predictions by Standard Chartered Bank for BTC have further strengthened the market sentiment. BTC’s resistance level stands at $59,100, and the support level remains at $56,500," said Edul Patel, CEO of Mudrex.

Read more at:

https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-news/cryptocurrency-prices-on-september-13-bitcoin-holds-steady-near-58000-altcoins-trade-mixed/articleshow/113318783.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst