Early on March 14, cryptocurrencies were trading in the red. The worldwide crypto market capitalization is now USD1.70 trillion, down 2.84 percent from the previous day. The overall crypto market volume has increased by 16.08 percent in the last 24 hours to USD62.28 billion.
The entire volume in DeFi is currently USD9.61 billion, accounting for 15.43 percent of the total 24-hour volume in the crypto market. The overall volume of all stable coins is now USD52.19 billion, accounting for 83.79 percent of the total 24-hour volume of the crypto market.
Bitcoin's price is currently Rs 30.30 lakh, with a 42.47 percent market share. According to CoinMarketCap data, this was a 0.04 percent drop for the day.
In other headlines, the US Treasury Department's Office of Foreign Assets Control (OFAC) released new rules stating that US people and digital asset enterprises must comply with Russian sanctions, even while facilitating bitcoin transactions.
People and businesses dealing in cryptocurrencies in the United States should "be watchful against attempts to bypass OFAC regulations" and "take risk-based procedures to guarantee they do not engage in unlawful activities," according to OFAC.
Joe Biden signs executive order on cryptocurrencies
