Major cryptocurrencies began trading in the green on Friday, June 15.. Over the previous day, the market capitalisation of all cryptocurrencies rose by 2.13 percent to USD 920.79 billion. The entire volume of the cryptocurrency market during the last 24 hours was USD68.50 billion, a 6.07 percent decline.
A strong US inflation reading for June would prompt the Federal Reserve to tighten monetary conditions more aggressively in order to reduce the rise in consumer prices, which is in line with predictions.
The cryptocurrency market was uneven, with gains of up to 1 percent recorded by stablecoins as well as Bitcoin, Ethereum, XRP, Solana, and Polkadot. Among the tokens with a negative value were Shiba Inu and Dogecoin.
DeFi has a total volume of USD 6.30 billion right now, which is 9.20 percent of the 24-hour volume of the entire crypto market. All stable coin volume is currently USD 59.70 billion, or 87.15 percent of the 24-hour volume of the whole crypto market.
Bitcoin was trading for almost Rs 16.7 lakh. According to data from CoinMarketCap, the dominance of Bitcoin is currently 42.38 percent, a drop of 0.52 percent from the previous day.
In other news, a number of consumers have voiced concerns over INR withdrawal delays from cryptocurrency Bitbns. On July 14, the cryptocurrency exchange said in a notice posted on its website that the reasons for the payment delays came from "relevant authorities."
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