Most cryptocurrencies have been flat on Friday.
Most cryptocurrencies have been flat on Friday. The global crypto market cap has increased by 3.70 percent to $933.84 billion during the last 24 hours.
Most cryptocurrencies (cryptocurrency) Flat on Friday. global crypto market cap (Crypto Market) During the last 24 hours, it has increased by 3.70 percent to $ 933.84 billion. At the same time, the total crypto market volume declined by 9.04 percent to $ 60.76 billion during the same period. Total volume in Decentralized Finance (DeFi) stands at $5.39 billion, which is 9.21 percent of the total 24-hour volume of the crypto market. On the other hand, all stablecoins (Stablecoins) Its volume stood at $52.48 billion, which is 86.38 percent of the 24-hour volume of the crypto market. bitcoin(Bitcoin) During the last 24 hours, the prices of the commodity have risen by 3.12 per cent to Rs 16,44,993.
Bitcoin, the world’s largest and popular cryptocurrency by market capitalization, has a market presence of 42.99 percent. It has declined 0.20 percent during the previous day.
At the same time, Ethereum has fallen 0.78 percent to Rs 90.4 in the last 24 hours. Whereas, Tether is down 0.45 percent at Rs 82.42. Cardano has reached Rs 40.90 with a jump of 4.72 percent.
On the other hand, Binance Coin has reached Rs 19149 with a jump of 5.74 percent. Talking about XRP, this cryptocurrency has seen a rise of 10 percent during the last 24 hours. This cryptocurrency is currently trading at Rs 29.9972.
At the same time, the prices of Polkadot have risen by 5.69 percent to Rs 661.68 in the last 24 hours. Whereas, Dogecoin is present at Rs 5.4485 with a jump of 4.17 percent.
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.
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.