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Bitcoin rose as much as 1.6% in Asia Tuesday and was trading at $20,665 as of 8:42 a.m. in Tokyo. The MVIS Cryptocompare Digital Assets 100 index climbed 1.5%.
Cryptocurrencies have become emblematic of a flight from speculative assets as monetary policy is tightened around the world to fight inflation, draining liquidity from global markets.
The world’s largest digital token tumbled as much as 8.9% to Rs 19.4 lakh-- its lowest since December 2020. Other cryptocurrencies also declined as a broader sell-off continued.
Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.
The launch of RoboApe could be a turning point for the entire crypto community as the new coin is teaching both newcomers as well as specialists the basics of crypto.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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