The total trading volume for cryptocurrencies in the past 24 hours was $ 77.97 billion, a decrease of 0.36 percent. While DeFi ($10.62 billion) made up 13.62 percent of the total volume of cryptocurrencies, stablecoins ($60.56 billion) made up 77.66 percent of the 24-hour cryptocurrency market volume.
Global crypto market cap is down 0.21 percent to $2.19 trillion in the past 24 hours. Bitcoin, currently trading at $46,627.84, increased its market dominance by about 0.02 percent to 40.24 percent on the last day.
The total trading volume for cryptocurrencies in the past 24 hours was $77.97 billion, a decrease of 0.36 percent. While DeFi ($10.62 billion) made up 13.62 percent of the total volume of cryptocurrencies, stablecoins ($60.56 billion) made up 77.66 percent of the 24-hour cryptocurrency market volume.
Looking at the top cryptocurrencies worldwide, Bitcoin rose slightly by 0.18 percent to 37.34.081 rupees, while Ethereum (Rs3,14,199 rupees) also gained 0.38%. Cardano (Rs 99.05) fell 1.44%. Avalanche (Rs 8,601.80)) fell 5.92 percent, Polkadot (Rs 1,997.96) fell 1.04 percent, and Litecoin (Rs 12,332.59) also rose 4.12 percent in the last 24 hours.
Memecoin SHIB fell around 2.47 percent while DOGE fell 1.09 percent and traded at 13.49 rupees. Bitcoin is currently trading at Rs 37,34,081 while LUNA is up 6.16% to Rs 6,200.01
Recent reports suggest that the Bank of England is facing challenges in finding the necessary information on institutional exposure to cryptocurrencies and plans to accelerate the pace of international talks on establishing a regulatory regime for these assets. At the moment, the UK poses no threat to the financial system.
The Reserve Bank of India (RBI) recently advocated a total ban on cryptocurrencies, highlighting “serious concerns” about their impact on macroeconomic and financial stability and currency management.
The weekend sporting goods giant Adidas made $ 23.4 million when it debuted its NFT collection in a standout and spectacular way over the weekend. It is noteworthy that a total of 30,000 Adidas Originals NFTs could be won, which were minted in the Ethereum blockchain.
