Cryptocurrency Prices: Bitcoin Prices Rise, Ethereum Also Surges

The prices of cryptocurrencies have seen a slight increase on Saturday.

The prices of cryptocurrencies have seen a slight increase on Saturday. After recovering from previous losses in the market, there has been a slight increase in the price of Bitcoin and Ethereum.

cryptocurrency ,Cryptocurrency, The prices have seen a slight increase on Saturday. After recovering from previous losses in the market, there has been a slight increase in the price of Bitcoin and Ethereum. global crypto market cap (Crypto Market) It is now present at $1.28 trillion, which has seen an increase of 2.26 percent over the previous day. At the same time, during the last 24 hours, the total crypto market volume has been at $ 118.10 billion, which shows a decline of 98.31 percent. decentralized finance (DeFi) The total volume in the U.S. is currently $11.49 billion, which is 9.73 percent of the total 24-hour volume of the crypto market. Whereas, all stablecoins (Stablecoins) Its volume is now $103.84 billion, which is 87.92 percent of the total 24-hour volume of the crypto market.

The price of bitcoin has risen 1.56 percent to $ 29,657.70 during the last 24 hours. Bitcoin, the world’s largest and popular cryptocurrency by market capitalization, accounts for 44.04 per cent, with a decline of 0.79 per cent during the day.

Tether also saw a rise

At the same time, Ethereum has reached $2,042.83 with an increase of 1.24 percent in the last 24 hours. Whereas, Tether is trading at Rs 77.34 with a jump of 0.31 percent. Cardano has gained 2.24 percent to Rs 44.24.

On the other hand, Binance Coin is present at Rs 23,974.61 with an increase of 1.30 percent. Talking about XRP, this cryptocurrency has seen a rise of 3.35 percent during the last 24 hours. This cryptocurrency has come down to Rs 35.2500 at present.

Polkadot prices have increased by 1.68 percent to Rs 869.63 in 24 hours. Whereas, Dogecoin is present at Rs 7.2802 with a jump of 1.70 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.

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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.