Cryptocurrency Prices: Bitcoin Price Falls, Ethereum Rise

Most cryptocurrencies have seen a decline on Monday.

Most cryptocurrencies have seen a decline on Monday. The global crypto market cap has risen by 0.60 percent to $871.80 billion during the previous day.

Most cryptocurrencies (cryptocurrency) A decline has been observed on Monday. global crypto market (Crypto Market) The cap has risen 0.60 percent to $ 871.80 billion during the previous day. At the same time, the total crypto market volume has fallen by 2.72 percent to $ 40.12 billion during the last 24 hours. Total volume in Decentralized Finance (DeFi) is present at $4.10 billion, which is 10.23 percent of the total 24-hour volume of the crypto market. Whereas, all stablecoins (Stablecoins) Its volume stood at $36.64 billion, which is 91.33 percent of the total 24-hour volume of the crypto market. bitcoin (Bitcoin) The price of Rs 15,80,900 has fallen by 1.33 percent during the last 24 hours.

The world’s largest and most popular cryptocurrency by market capitalization, Bitcoin, has a market presence of 42.06 percent, with a slight decline of 0.19 percent.

Cardano sees decline

At the same time, Ethereum is present at Rs 88,698.9, up 1.6 percent in the last 24 hours. Whereas, Tether fell 0.31 percent to 82.35 percent. On the other hand, Cardano is trading down 0.13 percent at Rs 37.10.

On the other hand, Binance Coin has fallen by 1.1 percent to reach Rs 17,700. Talking about XRP, this cryptocurrency has seen a rise of 2.21 percent during the last 24 hours. This cryptocurrency is currently trading at Rs 26.0023.

At the same time, Polkadot has fallen by 1.72 percent to Rs 565.00. Whereas, Dogecoin is trading at Rs 5.5185 with a jump of 1.6 per cent in 24 hours.

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.