Cryptocurrency Prices Updates: Most cryptocurrencies saw losses early on June 28, as the total market capitalization of cryptocurrencies increased by 2.33 percent to USD925.77 billion over the previous 24 hours. During that time, the overall volume of the crypto market climbed by 4.07 percent to USD54.99 billion.
DeFi's 24-hour volume was USD5.81 billion, or 10.57 percent of the overall volume of the cryptocurrency market. All stable coin volume was USD49.24 billion, or 89.55 percent of the 24-hour volume of the cryptocurrency market.
Bitcoin has a 42.53 percent market share and was trading about Rs 17 lakh. According to data from CoinMarketCap, this was an increase of 0.08 percent for the day. The second-largest cryptocurrency, Ether, which is connected to the Ethereum network, dropped more than 3% to USD1,175. Shiba Inu fell by more than 6 percent to USD0.000011, while Dogecoin's price fell by 7 percent to USD0.07.
The biggest digital asset exchanges in India are currently preparing for a protracted crypto winter that may include some unfavourable local twists.
Exchanges like Binance-backed WazirX have put expansion plans on hold as a result of the token price collapse, the inability of consumers to move money to their accounts, and the impending introduction of a dreaded transaction tax on cryptocurrencies.