Bitcoin Price: After Monday’s fall, today the price of Bitcoin is seeing an increase of about 2 percent. On Tuesday at 01.45 pm, Bitcoin was trading at a price of $ 95,130.37 (Rs 82,36,680.92) with a gain of 1.82%. After the victory of Donald Trump in the US presidential election, there was a strong rise in many cryptocurrencies including Bitcoin. Bitcoin prices had risen to $ 1,08,268.45 (about Rs 93 lakh). However, after going to lifetime, the price of Bitcoin has fallen significantly.
Bitcoin price has increased by 42.46 percent in the last 90 days
In the last 30 days, the price of Bitcoin has fallen by $6,267.82 (6.16%). But, its prices have increased by $7,880.46 (8.99%) in the last 60 days and by $28,459.34 (42.46%) in the last 90 days. After knowing the current prices of Bitcoin, you will be shocked when you know its price in 2010. Yes, the price of Bitcoin today is $95,130.37, in the year 2010 its price was just $0.05. That means in 2010, the value of 1 Bitcoin was only Rs 2.29 in Indian Rupees.
Bitcoin turned ₹1000 into ₹360 crores
If a person had invested only Rs 1000 in the year 2010, he would have got 436.68 bitcoins for this amount. In 2010, the price of 436.68 bitcoins was only Rs 1000, today its total value would have increased to around Rs 360 crore (₹ 3,59,67,93,824.15).
Heavy tax of 30 percent on earnings from cryptocurrency
Let us tell you that trading in other cryptocurrencies including Bitcoin is completely legal in India. But there are tremendous fluctuations in its price every minute, hence it is very risky. Along with this, you have to take special care of the fact that in India, a huge tax of 30 percent is being charged on the earnings from any cryptocurrency.
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