Cryptocurrencies are stepping their feet in the world where huge investment is created among investors. If we talk about the situation of the current market which seems different from the last few days. According to the latest reports, the global crypto market capitalization is $1.87 trillion has been decreased by 1.76% in the last 24 hours. The total crypto market volume is $66.30 billion which has been made a 2.33% increase in the last 24 hours. The total volume in DeFi is currently around $7.41 billion which is 11.18% of the total crypto market in the last 24 hours volume.
Let us tell you that the information is given while writing this. You can check more updates about the market. The volume of all stable coins is now reported around $53.50 billion which is 80.69% of the total crypto market 24-hours volume. Well, the effect also appeared on some top trending coins of the market such as Bitcoin (BTC) and Ethereum (ETH). You can check more updates of the market and can visit the coinmarketcap to know more about the market. As we can see that the coin is also going dip in the market which is revealing the loss among the investors.
While writing this, BTC is trading at $42,235 USD with a trading volume of $18,349,509,996.14 USD and the price of the token was changed by 0.84% in the last 24 hours. Well, the BTC price in INR is reported around Rs. 31,90,827 which has been increased by 0.71% in the last 24 hours.
Also Read: Solana Price Forecast Today
On the other side, Ethereum is trading at $2,874 USD and the price of the token was changed by 2.23% in the last 24 hours. Currently, the trading volume of the token is reported around $10,416,129,508.12 USD. While the price of the coin is Rs. 2,35,176. Many are expecting that the price of the coins will increase soon in the market.
Some other coins such as Tether, BNB, USD Coin, XRP, Cardano, Solana, and Terra are also going down and the reports suggest that it has been dropped down by up to 10% in the last 24 hours. If we talk about the latest news upon cryptocurrencies so, Coinbase made the first big crypto splash during this year’s Super Bowl after the organization aired a bold commercial that consisted of nothing but a QR code floating around the screen for 60 sec.
Another side, Intel is planning to launch its blockchain accelerator, which helps to facilitate energy-efficient mining in crypto are Block, Argo Blockchain, and the crypto mining startup Griid Infrastructure.