Cryptocurrency Prices: A slight rise in the price of Bitcoin, a fall in Ethereum

Most cryptocurrencies have been flat on Thursday.

Most cryptocurrencies have been flat on Thursday. The global crypto market cap has increased by 0.50 percent to $899.78 billion during the last 24 hours.

Most cryptocurrencies (cryptocurrency) Stayed flat on Thursday. global crypto market cap (Crypto Market) During the last 24 hours, it has increased by 0.50 percent to $ 899.78 billion. On the other hand, the total crypto market volume declined by 5.85 per cent to $66.53 billion during the period. At the same time, the total volume in Decentralized Finance (DeFi) is present at $5.39 billion, which is 8.11 percent of the total 24-hour volume of the crypto market. Whereas, all stablecoins (Stablecoins)Its volume stood at $57.68 billion, which is 86.70 percent of the total 24-hour volume of the crypto market. bitcoin (Bitcoin) During the last 24 hours, the price of 0.75 percent has risen to Rs 16.90 lakh.

Bitcoin, the world’s largest and popular cryptocurrency by market capitalization, has a market presence of 43.20 percent. It has seen a decline of 0.07 percent during the previous day.

Tether’s fall

At the same time, Ethereum is present at Rs 90,499, down 0.78 percent in 24 hours. Whereas, Tether has come down by 0.33 percent at Rs 82.90. Cardano has jumped 1.22 percent to Rs 39.06.

On the other hand, Binance Coin is present at Rs 18,109.99 with a gain of 0.96 percent. Talking about XRP, this cryptocurrency has seen a rise of 0.89 percent during the last 24 hours. This cryptocurrency is currently trading at Rs 26.83.

At the same time, Polkadot has reached Rs 626.00 with a jump of 0.73 percent. Whereas, Dogecoin has gained 0.05 percent to reach Rs 5.2298.

Digital currency can replace cash: RBI Deputy Governor

Let us tell you that RBI Deputy Governor T Rabi Shankar said in a webinar a few days ago that Central Bank Digital Currency (CBDC) can replace cash-based transactions to some extent in India. Shankar had said that in the last five years, where digital payments have grown in India at an average annual growth rate of around 50 per cent. At the same time, the supply of currency has almost doubled.

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Apart from this, the government had listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 to be introduced in the winter session of Parliament. It was also listed for the first budget session, but it could not be presented, as the government had decided to work on it again.