Ether had a loss of less than one percent. According to Gadgets360’s crypto price tracker, its price was around $2,453. It was trading at around $2,327 on international exchanges. Apart from this, the prices of Binance Coin, Solana, USD Coin, Ripple, Cardano, Polkadot, Near Protocol and Stellar have also decreased. in the last day crypto The market capitalization of was down by about 0.51 percent to about $ 1.99 lakh crore.
“There may be volatility in the markets ahead of the release of CPI data in the US. If inflation is lower than expected, the markets may rise in the short-term,” the markets desk at crypto app CoinSwitch told Gadgets360. Vikram Subburaj, CEO of crypto exchange Giottus, said, “Bitcoin is consolidating near $57,000. There has been an outflow of more than a billion dollars for nine days. Bitcoin ETFs had a net inflow of $34 million on Tuesday. This is indicating investor confidence.”
Recently, America’s Federal Bureau of Investigation (FBI) had warned that attacks by North Korean hackers on the crypto segment were increasing. Last month, Indian crypto exchange WazirX was targeted by hackers. There are reports of North Korean hackers being involved in this. In this case, funds worth about $230 million were stolen from WazirX. FBI “Hackers find their victims through their activity on social media. The victims are then trapped in various ways,” said. To avoid these hackers, the FBI has advised not to store information related to login, password and private keys of cryptocurrency wallets on devices connected to the internet. This case also had an impact on the crypto market. This raised questions regarding security in crypto exchanges.