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Cryptocurrency Prices Today on December 29: Tepid Markets as Bitcoin, Ethereum, Litecoin Fall

Posted on the 29 December 2021 by Geetikamalik
Read Time:1 Minute, 44 Second

The global Crypto market capitalization fell 4.16 percent over the last 24 hours to $ 2.25 trillion while trading volume rose 19.03 percent to $ 103.21 billion.

While defi ($ 19.05 billion) accounted for 18.46 percent of trading volume, stablecoinin ($ 81.57 billion) was made 79.03 percent of this volume. The dominance of the Bitcoin market fell 0.02 percent to 40.16 percent on December 29 morning.

As for the cryptocurrency-cryptocurrency, Bitcoin fell 3.26 percent to trade at Rs 38.41,485 while Ethereum (Rs 3,05,821.8) fell 3.68 percent. Cardano (Rs 112.98) fell 4.33 percent. Avalanche (RS 8,676.33) dipped 3.6 percent, polkadot (RS 2,300) fell 3.17 percent, and Litecoin (RS 11,833,26) decreased 4.16 percent over the past 24 hours. Tether rose 0.86 percent to trade at RS 80

Missing Shib fell 3.67 percent, while Doge fell 2.74 percent to trade at Rs 14.15. Bitcoin traded at Rs 38.41,485, while Luna fell around 6.33 percent to trade at Rs 6,950.

RBI expressed his desire to offer the Digital Currency of the Basic Central Bank (CBDC) before implementing a more sophisticated version in the latest report. In their words, the Digital Currency of the Central Bank (CBDC) is fundamentally providing an “safe, strong, and convenient alternative for physical cash”.

However, the head of the Sebi Ajay Tyagi called for a mutual fund company to avoid investing in crypto assets until the country framed the rules on digital tokens.

Billy Mark, the original co-creator of Dogecoin Coin Meme revealed his right dogecoin ownership: 2.20,000 Doge, approximately around $ 41,800. In the Middle East, Cryptocurrency Exchange Binance received the principle approval of the Bahrain Central Bank to operate in the kingdom.

In an effort to save power and avoid winter blackouts, Iran was reported to ban the prohibition of official Crypto until March 6, 2022. This step will free 209 megawatts of power to be used by country households.

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The post Cryptocurrency Prices Today on December 29: Tepid markets as Bitcoin, Ethereum, Litecoin fall first appeared on Businessely.com.


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