Cruptocurrency Market Updates; The worldwide cryptocurrency market capitalization fell 5.66 percent to USD 1.65 trillion in the last 24 hours, while trading volumes increased 29.45 percent to USD 82.63 billion.

Stablecoins accounted for 69.03 percent of the 24-hour cryptocurrency trading volume at USD 83.54 billion, while decentralised finance (DeFi) accounted for 14.47 percent at USD 11.96 billion. Bitcoin's market share increased by 0.43 percent to 41.96 percent on the morning of February 2, and the currency was trading at USD 38,584.91.

Bitcoin increased 1.26 percent to Rs 30,74,481 in rupees, while Ethereum increased 3.31 percent to Rs 2,20,994.5.

Cardano increased by 4.07 percent to Rs 86.79, while Avalanche increased by 6.89 percent to Rs 5,891.8. In the previous 24 hours, Polkadot rose 4.63 percent to Rs 1,597.27, while Litecoin rose 4.9 percent to Rs 9,080.6. Tether gained 0.52 percent to Rs 79.9 per unit.

Dogecoin increased 1.26 percent to Rs 11.38, while Memecoin SHIB rose 2.25 percent. Terra (LUNA) is now trading at Rs 4,187.77, up 1.69 percent.

Government will take balanced approach to bitcoin, cryptocurrency

US senators begin investigation into the high energy use of Bitcoin miners.

Markets recover marginally to trade in green as Bitcoin, Ethereum soar.