The global crypto market capitalization declined 0.01 percent to USD 2.28 trillion, while trading volume increased 7.66 percent to USD 90.38 billion, over the last 24 hours.  Stablecoins (USD 70.50 billion) accounted for 78.01 percent of the trading volume, while DeFi (USD 16.09 billion) contributed for 17.80 percent. Bitcoin's market share increased by 0.47 percent to 40.23 percent.

In terms of major cryptocurrencies, Bitcoin down 0.28 percent to Rs 38,33,811 while Ethereum fell 0.9 percent to Rs 3,15,113. The value of Cardano (Rs 105.47) increased by 3.98 percent. Over the last 24 hours, Avalanche (Rs 9,661.12) declined 2.4 percent, Polkadot (Rs 2,240.48) climbed 12.87 percent, and Litecoin (Rs 12,387.01) rose 1.79 percent. Tether increased by 0.64 percent to Rs 79.01.

To trade at Rs 13.74, Memecoin SHIB fell 1.55 percent, while DOGE fell 1.33 percent. Bitcoin is currently trading at Rs 38,33,811, while LUNA is currently trading at Rs 6,8.75, down 5.02 percent.

Meanwhile, former US President Donald Trump reiterated his opposition to Bitcoin, calling it a "very dangerous thing." Melania Trump, his wife and former first lady, recently released her first nonfiction book, "Melania's Vision," which was made available on Solana.

According to multiple reports, India's much-discussed Cryptocurrency Bill, which seeks tough controls in the crypto sector, will not be submitted before Parliament during the winter session of 2021.

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