Cryptocurrency Bitcoin prices fall, Ethereum, Dogecoin also fall
The government is planning to legislate for cryptocurrency
JNN: Global cryptocurrency market capitalization fell 5.17 percent to 8 1.88 trillion in the last 24 hours. During the same period, the volume of trade fell by 11.81 percent to 66 66.35 billion, while that of the same period fell by 11.81 percent to 66 66.35 billion. Decentralized Finance (Defi) accounted for .6 8.38 billion, up 12.63 percent of the total trading volume for 24 hours. At the same time, stable coins with 76.45 percent of the total volume accounted for .7 50.72 billion. The market share of Bitcoin has increased by 0.18 percent to 40.42 percent. And it is trading at $ 39,913.93 today.
 |
| Cryptocurrency Prices: Bitcoin prices fall, Ethereum, Dogecoin also fall |
In rupee terms, Bitcoin traded down 4.02 percent at Rs 32,27,000. Meanwhile, Ethereum fell 5.43 percent to Rs 2,36,441.4. At the same time, Cardano slipped 7.15 percent to Rs 100.48. But, snowfall fell by 7.13 percent to Rs 6,200.
At the same time, Polkadot fell 5.47 percent to Rs 1,850. Litecoin fell 7.3 percent to Rs 10,249.68 in the last 24 hours. Tether rose 1.01 percent to Rs 80.77.
So, MimCoin SHIB has seen a decline of 5.11 percent. Meanwhile, Dogecoin traded down 5.22 percent at Rs 12.38. Meanwhile, Terra (LUNA) fell 2.7 percent to Rs 6,336.6. In the last 24 hours, Solana fell 5.73 percent to Rs 10,249.98. XRP, meanwhile, fell 3.75 percent to Rs 57.18. So, XY fell 7.52 percent to Rs 5,350.
Let me, 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 scheduled for the first budget session, but could not be presented as the government had decided to work on it again.
Cryptocurrency has emerged as a popular investment option among people nowadays. Especially a large number of young people are investing in it. Yet, caution is also needed. Because its prices fluctuate. So people should know all about it before investing in it.