Global Cryptocurrency Market Capitalization fell from $ 1.88 to $ 1.7 trillion over the last 24 hours while trading volume jumped from $ 66.35 to $ 126 billion.
Close the Financial Market Decentralization (DEFI) Crypto jumped 123.14 percent to $ 120.97 billion. The Stablecoins value reaches $ 115 billion, represents almost seven percent of the market. Stablecoinin is associated with assets – like dollars or other fiat currencies or other gold – to stabilize the price.
The dominance of the Bitcoin market remains almost flat at 40.51 percent and assets traded at $ 36,579 today.
In the term Rupee, Bitcoin fell more than seven percent to trade at RS 29,63,463, while Ethereum fell nine percent to Rs 2,11,277.4.
Meanwhile, Robinhood Markets Inc. is launching a Crypto wallet to 1,000 users, which allows them to send and receive cryptocurrency through their brokerage account, the company said in a blog post. Online brokers based in Menlo Park have set a plan to start testing last year’s wallet, with a broader launch goal in 2022.
Also, the Brazilian financial service provider pier said that it would start using Crypto to process international money delivery when expanding to Latin America and Europe.
As of 9:05 am, these were the prices of various cryptocurrencies in the Indian market (Data from WazirX)
CRYPTOCURRENCY PRICE (IN RS) 24-HOUR CHANGE (IN PERCENT)
Bitcoin 29,69,601 -5.38
Ethereum 2,11,500.0 -8.04
Cardano 93.33 -4.48
Tether 80.96 +0.02
Solana 9,216.92 -7.38
Avalanche 5,432.43 -10.28
Litecoin 9,327.74 -6.6
XRP 52.25 -7.23
Axie 4,818.05 -9.09
The post Cryptocurrency Prices Today: Bitcoin falls 7%, Ethereum sheds 9% first appeared on Businessely.com.