BTC, ETH, Majority Cryptocurrencies Rally With Greens, Stablecoins See Losses

As per Gadgets 360’s crypto price tracker, BTC is trading at $19,226 (roughly Rs. 15.30 lakh).

Advertisement
Written by Radhika Parashar, Edited by Siddharth Suvarna | Updated: 8 September 2022 10:57 IST
Highlights
  • Tron and Avalanche saw gains
  • Litecoin and Uniswap saw gains
  • Tether reeled-in losses

The global crypto market cap stands at $979.22 billion (roughly Rs. 78,06,033 crore)

Photo Credit: Pixabay/ WorldSpectrum

The first week of September turned out to be quite the rough turf for the crypto sector, that slipped down from its trillion-dollar valuation amid market volatility. The market, now seems to be on the path to recovery. Bitcoin on Thursday, September 8, opened trading with profits of 2.56 percent. As per Gadgets 360's crypto price tracker, BTC is trading at $19,226 (roughly Rs. 15.30 lakh). On international exchanges as well, BTC saw gains of over 2.70 percent and retained the price point of $19,253 (roughly Rs. 15 lakh).

Ether reeled-in even fatter profits than Bitcoin. As per the price tracker, ETH saw a price hike of 7.74 percent. At present, ETH is trading at $1,627 (roughly Rs. 1.30 lakh).

Binance Coin, Ripple, Cardano, Solana, and Polkadot saw gains.

Advertisement

Even Dogecoin and Shiba Inu bagged profits with Tron, Avalanche, Uniswap, and Litecoin.

While majority altcoins rose in their respective prices, stablecoins failed to join the gain-wagon.

Tether, USD Coin, and Binance USD dropped down in prices.

The global crypto market cap stands at $979.22 billion (roughly Rs. 78,06,033 crore) with a 4.77 percent increase over the last day, data by CoinMarketCap revealed.

Despite the volatility, the crypto sector has not fallen short of roping-in favours from wealthy venture capital firms.

Advertisement

In the first half of this year alone, the crypto sector saw the successful completion of 725 deals and bagged investments of $14.2 billion (roughly Rs. 1,13,500 crore), a new report by KPMG has claimed.

Advertisement

The trademark applications around cryptocurrencies, Web3, metaverse, and NFTs are also on the rise.

In its latest report, the International Monetary Fund (IMF) has acknowledged that crypto adoption has gone mainstream, giving rise to the need for a global standard of regulation.

Advertisement


With the next Apple event due very soon, we dive into all the leaks and rumours surrounding iPhone 14 on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article. 

Affiliate links may be automatically generated - see our ethics statement for details.
 

Also seeCryptocurrency Prices across Indian exchanges

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Advertisement

Related Stories

Popular Mobile Brands
  1. Avatar: Fire and Ash OTT Release: When, Where to Watch the Sci-Fi Fantasy
  2. Top Deals on Gaming Laptops During Amazon Great Republic Day Sale
  1. World’s Biggest Alien Search Enters Final Stage With 100 Mystery Signals
  2. NASA Pulls Out Artemis II Rocket to Launch Pad Ahead of Historic Moon Mission
  3. Shambhala OTT Release: When, Where to Watch the Telugu Supernatural Horror Film
  4. AGS 28 OTT Release: Know Where to Watch This Tamil Entertainer Starring Arjun, Abhirami
  5. Avatar: Fire and Ash OTT Release: When, Where to Watch James Cameron’s Epic Sci-Fi Fantasy
  6. OpenAI to Begin Testing Ads in ChatGPT, Says Responses Will Not Be Influenced
  7. Gurram Paapi Reddy OTT Release: When, Where to Watch This Telugu Crime Comedy Thriller
  8. Hypothetical ‘Dark Stars’ Could Rewrite Early Cosmic History, Research Suggests
  9. Honor Magic 8 Pro Air Key Features Confirmed; Company Teases External Lens for Honor Magic 8 RSR Porsche Design
  10. Lava Blaze Duo 3 India Launch Date Announced; Colour Options Teased Ahead of Debut
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.