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Bitcoin Price Sees Sharp Decline

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Nepse trading

Bitcoin Price Sees Sharp Decline

The price of Bitcoin, the world’s largest cryptocurrency, dropped by 17.5% in February, marking its biggest monthly decline since June 2022. After rising following Donald Trump’s election as U.S. President, Bitcoin’s value has made February the 11th worst-performing month in the past decade. During the month, its price fell to a low of $78,273, with the final trade at $84,252. Since reaching a peak of $109,071 in mid-January, Bitcoin has declined by 20%.

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    ALICL Asian Life Insurance to Issue Rights Shares at 1:0.42 Ratio Kathmandu — Asian Life Insurance Company Limited has received approval from the Securities Board of Nepal (SEBON) to issue rights shares at a 1:0.42 ratio. The company will issue a total of 14,279,312.48 units of ordinary shares at a par value of Rs. 100 per share. This means shareholders will be entitled to receive 0.42 units of rights shares for every 1 unit they currently hold. The purpose of this issuance is to strengthen the company’s capital base and support future expansion and operational plans.

    NEPSE trading

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    9 May, 2025