Cryptocurrencies were trading in the red on Tuesday, February 22. The worldwide cryptocurrency market capitalization is at USD 1.68 trillion, down 5.57 percent from the previous day. The overall crypto market volume increased by 43.65 percent in the last 24 hours to USD 100.86 billion.

The overall volume in DeFi is currently USD 12.99 billion, accounting for 12.88 percent of the total 24-hour volume in the crypto market. The overall volume of all stablecoins is now USD 84.87 billion, accounting for 84.14 percent of the total 24-hour volume of the crypto market.

Bitcoin's price is currently Rs 29.63 lakh, with a 42.01 percent market share. In other events, Russia's finance ministry said on Monday that it would consider central bank ideas on cryptocurrencies as long as they did not contradict its own policy, paving the path for laws controlling digital assets.

The finance ministry submitted legislative suggestions to the government on Friday that contrasted with the central bank's call for a blanket ban, escalating a simmering disagreement over cryptocurrency regulation in Russia.

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