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Bitcoin gained 0.31% to reach $51,977; resistance at $53,000 could signal a strong rally. Ether touched $3,000 briefly.

Bitcoin on February 21 recorded a small profit of 0.31 percent. Presently, the value of Bitcoin stands at $51,977 (roughly Rs. 43 lakh). As per market experts, the resistance for Bitcoin currently stands at $53,000 (roughly Rs. 43.9 lakh) — breaking which would indicate a strong rally for the asset. In the last 24 hours, Bitcoin’s price has logged a notable rise of $400 (roughly Rs. 33,160). The crypto chart reflected market volatility on Wednesday, with altcoins showing mixed movement towards gains and losses. However, Ether managed to touch the mark of $3,000 (roughly Rs. 2.48 lakh) for the first time since April 2022. The asset, however, could not manage to hold a strong ground at that mark. With a loss of 2.05 percent, the value of Ether presently stands at $2,870 (roughly Rs. 2.3 lakh).

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