Cryptocurrency Prices: Drop in the price of Bitcoin, Cardano also came down

The global cryptocurrency market capitalization has fallen by 1.47 per cent to $1.83 trillion during the last 24 hours. Whereas, trading volume declined by 16.75 percent to $ 72.95 billion.

cryptocurrency

Global Cryptocurrency ,Cryptocurrency, The market capitalization has declined by 1.47 percent to reach $1.83 trillion during the last 24 hours. Whereas, trading volume declined by 16.75 percent to $ 72.95 billion. where decentralized finance (DeFi) The 24-hour cryptocurrency stood at $8.97 billion with 12.29 percent of trading volume. Whereas, stablecoins (Stablecoins) It stood at $ 58.91 billion with 80.75 percent. bitcoin (Bitcoin) Its market presence has increased by 0.06 percent to 41.72 percent. Bitcoin, the world’s largest cryptocurrency by market capitalization, is trading at $40,208.63 today.

In rupee terms, bitcoin is trading at Rs 33,84,999, down 1.31 per cent. Whereas, Ethereum fell by 1.44 per cent to Rs 2,40,000. At the same time, Cardano is down 1.33 percent and is present at Rs 83.86. And Avalanche prices have fallen 0.57 percent to Rs 7,285.7.

Polkadot, Litecoin also fall

Talking about Polkadot, this cryptocurrency is trading at Rs 1,508 with a fall of 1.74 per cent during the last 24 hours. On the other hand, Litecoin is trading down 2.63 percent at Rs 9,792.5. Apart from this, Tether has come down to Rs 78.27 with a jump of 0.09 percent.

At the same time, a rise of 2.47 percent has been seen in Mimcoin SHIB. Whereas, Dogecoin is trading at Rs 11.52 with a fall of 0.85 per cent. Terra (LUNA) is present at Rs 4,365, down 2.48 per cent.

Talking about Solana, this cryptocurrency has seen a decline of 2.6 percent in the last 24 hours. This cryptocurrency is currently trading at Rs 7,746.94. XRP is trading at Rs 63.79 with a fall of 1.48 per cent. At the same time, Axie is trading at Rs 4,769.87 with a fall of 3.82 per cent.

The government was about to bring the bill in Parliament

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.

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