Crypto markets in red, Bitcoin and Ethereum both seeing minor drops

The global cryptocurrency market capitalization, over the previous 24 hours,  has dropped 1.89 percent to USD1.97 trillion, while trading volume has dropped 3.75 percent to USD74.65 billion.

Stablecoins accounted for 78.54 percent of the overall 24-hour crypto trading volume, or USD11.54 billion, while decentralised finance (DeFi) contributed for 15.46 percent at USD11.54 billion. Bitcoin's market domination increased by 0.23 percent to 40.21 percent this morning, and it was trading at USD41,865.69. 

Bitcoin declined 1.15 percent to Rs 33,58,793 in rupees, while Ethereum fell 1.32 percent to Rs 2,50,145.1. Cardano was down 10.8 percent to Rs 107.74, while Avalanche was down 2.32 percent to Rs 6,743.47. Over the last 24 hours, Polkadot has dropped 3.38 percent to Rs 1,953.64 and Litecoin has dropped 2.41 percent to Rs 11,049.99. Tether is now trading at Rs 79.89, down 0.07 percent.

Dogecoin SHIB plummeted 1.71 percent to Rs 13.03, while Memecoin SHIB fell 2.61 percent. Terra (LUNA) is now trading at Rs 6,415, down 0.0 percent.

Cryptocurrency exchanges are looking for clarification on taxation

Eurogroup President projects Inflation to last longer than expected

Bank of Japan raises its inflation forecast for the FY starting in April

- Sponsored Advert -

Most Popular

- Sponsored Advert -