Global cryptocurrency market capitalization has risen by 0.08 percent to reach $1.99 trillion during the last 24 hours. Whereas, the trading volume fell by 8.29 percent to $ 69.62 billion.
Global Cryptocurrency ,Cryptocurrency, The market capitalization has increased by 0.08 percent to $ 1.99 trillion during the last 24 hours. Whereas, the trading volume fell by 8.29 percent to $ 69.62 billion. where decentralized finance (DeFi) The 24-hour cryptocurrency has reached $9.29 billion with 13.34 percent of the trading. Whereas, stablecoins (Stablecoins) It is present at $ 56.08 billion with 80.55 percent. bitcoin (Bitcoin) Its market presence has fallen by 0.03 per cent to 41.97 per cent. And the world’s largest cryptocurrency by market capitalization is trading today at $44,039.12.
In rupee terms, bitcoin is trading with a decline of 0.03 per cent at Rs 34,26,961. Whereas, Ethereum has gained 0.17 percent to reach Rs 2,45,505.3.
Cardano, Polkadot see a decline
At the same time, Cardano has fallen by 0.46 percent to Rs 85.16. Whereas, Avalanche has gained 4.56 percent during the last 24 hours to Rs 7,644.04. On the other hand, Polkadot fell by 0.11 percent to Rs 1,547.43. Talking about Litecoin, this cryptocurrency has fallen by 1.58 percent to Rs 9,932.51 during the last 24 hours. Tether is trading down 0.1 percent at Rs 77.98.
Mimecoin SHIB has seen a rise of 1.46 percent. Whereas, Dogecoin prices are trading at Rs 11.65 with a fall of 0.45 per cent. Terra (LUNA) has gained 0.24 percent to Rs 4,385.31.
Talking about Solana, this cryptocurrency has gained 1.75 percent in the last 24 hours to reach Rs 7,927.6. Talking about XRP, there is no difference in it and it is trading at Rs 65.30. At the same time, Axie is present at Rs 4,995 with an increase of 1.73 percent.
There is no law in India yet for regulation of cryptocurrencies
Let us tell you that 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.
Cryptocurrencies have emerged as a popular option among people in the recent times as an investment. Especially, a large number of youth are investing money in this.