The global crypto market cap fell 8.38 percent to USD1.04 trillion in the early hours of June 13, putting major cryptocurrencies in the negative. The overall crypto market volume, on the other hand, increased by 31.53 percent in the last 24 hours to USD94.35 billion.
The overall volume in DeFi was USD7.77 billion, accounting for 8.24 percent of the entire 24-hour volume in the crypto market. The overall volume of all stable coins was USD81.99 billion, accounting for 86.90 percent of the total 24-hour volume of the crypto market.
Bitcoin's price was hovering around Rs 21.39 lakh, with a 47.22 percent market share. According to CoinMarketCap data, this was a 0.46 percent fall from the previous day. The world's most valuable cryptocurrency is at its lowest point since the week of December 21, 2020.
Other crypto values have also fallen today, with Stellar, Uniswap, XRP, Tron, Tether, Solana, Polkadot, Avalanche, Polygon, Chainlink, Terra Luna Classic, Cardano, and Litecoin all seeing 15% drops in the previous 24 hours. Bitcoin and other cryptocurrencies have suffered in recent months as the Federal Reserve raises interest rates and global policymakers intensify measures to counteract price rises, as well as as risk assets such as tech stocks have declined.
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