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Bitcoin and ETH are top cryptocurrencies to invest in. Check the latest prices here

Submitted by rjsag on Thu, 06/24/2021 - 02:35

The prices of Bitcoin and ETH, among other leading cryptocurrencies, are back in a recovery mode after the recent minor crash, which led to a 20-30% drop in the prices of most of the cryptocurrencies in the market. That makes it one of the best times to start your crypto journey and invest in top cryptocurrencies. Here you can find out all about it along with the latest prices of top crypto-coins out there.

India, as one of the fastest-growing economies, is actively participating in the cryptocurrency revolution. As of May 2021, the country had over 10 million crypto investors, including both institutional and retail investors.

Even if you still haven’t joined the race to invest in top digital coins, you are not very late. In fact, the prices of most cryptocurrencies are presently down, which makes it a perfect time for beginners to start their crypto investing journey. However, before you start investing in Bitcoin or ETH, make sure to check the latest prices here.

While the past couple of weeks haven’t been very good for crypto investors in terms of returns, as many of the top coins lost about 20-30% of their value in just two weeks or so, most of these currencies have already started recovering. In fact, at the time of writing this article, a large number of top digital coins were trading in GREEN. This is not a surprise given the fact that volatility is the basic nature of bitcoin, which makes the price drop and rise very frequently and by a significant margin.

Arguably, the best time to invest in Bitcoin is during a market crash, which refers to a period when the price of the currency falls more than 20-30%.

Let's take a look at the latest/current market price of some of the top cryptocurrencies, along with some interesting crypto market facts.

Currently, the crypto market is steadily rising back. As of today, the global crypto market cap is $1.71 trillion, which is a 4.18% increase over the last day.

Between May 10th and May 23rd (2 weeks period), the price of bitcoin fell by more than 45%. The same thing happened with most other cryptocurrencies, including ETH, DOGE, LTC, and BNB. Since then, the prices are on the track of recovering, but they still have far to go to reach their respective all-time highs again.

Latest Price of Bitcoin, ETH and other cryptocurrencies (As on June 3, 2021)

1. Bitcoin - $37,956 (3.59% increase in 24 hours, 0.58% increase in 7 days)

2. ETH - $2,763 (5.27% increase in 24 hours, 2.56% increase in 7 days)

3. BNB - $411.70 (13.99% increase in 24 hours, 17.29% increase in 7 days)

4. DOGE - $0.4273 (15.76% increase in 24 hours, 28.02% increase in 7 days)

As you can see, the prices of most cryptocurrencies are recovering steadily. So, you can invest now to enjoy good returns in the coming days.

The best way to invest in Bitcoin and ETH

If you are wondering about the best way to buy Bitcoin and/or ETH in India, you’re at the right place. Because of the strict guidelines of the government of India, many banks prohibit their users from transacting with crypto exchanges, which is why it is not easy to find a Bitcoin exchange that would allow you to buy Bitcoin using INR. The Shiftal P2P crypto exchange comes to the rescue.

As a peer-to-peer crypto exchange, Shiftal allows its users to connect, trade and transact directly with each other. It means you won’t have to deposit money on the platform/wallet from your bank account. You can directly trade with and pay a seller when looking to buy Bitcoin or ETH in India.

In order to buy ETH/BTC with INR, you first need to create an account on the Shiftal website. After that, you can start exploring available offers based on your location and preferred payment method. The platform enables you to find and connect with potential sellers and buy cryptocurrencies directly from them with complete security and privacy.

The best part is that Shiftal allows you to pay for your order in any of your preferred payment options, including bank transfer, UPI, Paytm wallet, Amazon Pay, Google Pay, and more, using the local currency INR.

So, what are you waiting for? Register on the Shiftal website and buy your first Bitcoin in less than 15 minutes.

Source: https://coins.newbium.com/