Major cryptocurrencies were trading in the negative early on June 9, with the global crypto market worth down 2.65% to USD1.23 trillion on the previous day. Over the last 24 hours, the overall crypto market volume increased by 21.76 percent to USD67.03 billion.
The overall volume in Defi was USD7.02 billion, accounting for 10.48 percent of the total 24-hour volume in the crypto market. All stable coins had a volume of USD57.81 billion, accounting for 86.23 percent of the total crypto market's 24-hour volume.
According to CoinMarketCap data, Bitcoin's price was hovering around Rs 24.64 lakh with a 46.54 percent dominance, down 0.32 percent from the previous day.
According to CFTC Commissioner Summer Mersinger, cryptocurrency innovators and US lawmakers are leaning toward placing the Commodity Futures Trading Commission in charge of regulating digital currencies.
The CFTC's mission to oversee agricultural, energy, and financial options markets would be expanded, paving the path for the agency to regulate additional digital assets like non-fungible tokens, or NFTs.