March 13th Cryptocurrency Price in India: Bitcoin (BTC), Ethereum, Doge, Solana, Litecoin, CFX Conflux – Tracking Global Market Cap and Identifying Gainers and Losers.
The global crypto market cap has recovered to surpass $1.02 trillion, with leading cryptocurrency Bitcoin maintaining stability within the $22,000 range. Other altcoins including Ethereum, Dogecoin, Litecoin, Ripple, and Solana have also seen gains. The Conflux token experienced the highest gain, increasing by over 30% in 24 hours. The global crypto market cap currently stands at $1.03 trillion, with 24-hour gains of 8.33%. Mudrex co-founder and CEO Edul Patel said cryptocurrencies have seen a rise in value due to news that the US government plans to protect all depositors of Silicon Valley Bank. With the protection of Silicon Valley Bank investors reported, Bitcoin surged past the $22,000 mark, rising nearly 10%. Meanwhile, Ethereum is trading above $1,600. However, predictions from CEO and co-founder of Unocoin, Sathvik Vishwanath, suggest Bitcoin has a price target of $18,400 with the possibility of visiting the $21,800 region before an expected decline. For Ethereum, a key support level remains at $1,423 and a break below this level could lead to a retest of last November’s lows. While Shivam Thakral, the CEO of BuyUCoin, expects the momentum in the market will depend on further regulatory recourse of Silicon Valley Bank fallout. Disclaimer: Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.