Crypto Markets in red as Bitcoin, Ethereum fall
Crypto Markets in red as Bitcoin, Ethereum fall
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The worldwide crypto market capitalisation has dropped by 6.92 percent to USD2.07 trillion Over the previous 24 hours, , while total trading volume has increased by 12.25 percent to USD116.37 billion.

Stablecoins accounted for 79.47 percent of the trading volume at USD92.48 billion, while DeFi accounted for 18.35 percent at USD21.35 billion. Bitcoin's market share increased 0.30 percent to 39.66 percent this morning. At the time of writing, it is worth USD43,417.67.

Bitcoin fell 4.97 percent to Rs 35,02,996 in major cryptocurrencies, while Ethereum fell 6.55 percent to Rs 2,82,500.

Avalanche fell 7.58 percent to Rs 7,731 and Cardano fell 6.36 percent to Rs 99.02. Over the last 24 hours, Polkadot has dropped 9.4 percent to Rs 2,111.1 while Litecoin has dropped 7.83 percent to Rs 10,858.01. Tether gained 1.12 percent to Rs 80.43 per unit. Dogecoin SHIB fell 6.74 percent to Rs 12.62, while Memecoin SHIB fell 7.59 percent. The price of Terra (LUNA) fell by 8.94 percent to Rs6,142.2.

Bitcoin's market share has been steadily declining, and it is now at its lowest point in years. The last time it witnessed a significant drop in market share was in 2018, when it fell to 33 percent.

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