The global crypto market’s value today gained over 3% in the past 24 hours to $1.9 trillion, according to pricing from CoinGecko.
On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, also gained more than a per cent to $2,875.
Still, the largest cryptocurrency will likely remain in a tight trading range until it breaks below the support or above its initial resistance level,” said Edul Patel, CEO and Co-founder, Mudrex.
Sitharaman, in her Budget speech on February 1, had announced that the digital rupee or CBDC would be issued by the RBI in the coming fiscal year.