The worldwide cryptocurrency market capitalisation surged by 3.64 percent to USD1.88 trillion in the last 24 hours, while trade volumes increased by 25.63 percent to USD97.58 billion.
DeFi's total 24-hour volume is currently USD13.61 billion, or 13.95 percent of the overall cryptocurrency market. All stable coins now have a combined market capitalization of USD77.40 billion, accounting for 79.32 percent of the whole crypto market's 24-hour volume.
Bitcoin's market share is at 42.12 percent, down 0.26 percent on the day. The largest cryptocurrency was trading at USD41,749.97. Bitcoin fell 2.16 percent to Rs 32,41,176 in rupee terms, while Ethereum gained 5.65 percent to Rs 2,30,299.7.
Cardano surged by 3.44 percent to Rs 67.69, while Avalanche increased by 7.61 percent to Rs 6,793.2. In the last 24 hours, Polkadot rose by 2.04 percent to Rs 1,486.68 and Litecoin increased by 3.21 percent to Rs 8,732. Tether lost 0.51 percent of its value to Rs 77.98. Dogecoin increased by 2.1 percent to Rs 9.25. Terra (LUNA) increased 1.83 percent to Rs 6,825.58, while Algorand (ALGO) increased 1.54 percent to Rs 59.24.
Government clarifies that there is no plan to introduce cryptocurrency
Russian oil exports to India doubled as Europe shunned cargoes
Moody's downgrades India's growth forecast to 9.1 pc in 2022