The situation in the cryptocurrency market is going to be changed in the upcoming days. The market is rapidly moving and many investors are expecting that there will be a major move in the upcoming crypto market. While writing this, we can notice a big change in the market that the market has gone opposite in the comparison of last day. According to the recent updates by Coinmarketcap, the global crypto market capitalization is $1.97 trillion which has been increased by 5.75% in the last 24 hours. The total crypto market volume is more than $77.67 billion, which makes a 16.83% rise in the last 24 hours.
Along with this, the total volume in DeFi is about $9.04 billion which is 11.64% of the total crypto market 24-hour volume. On the other side, the volume of all the stable coins is now $63.30 billion which is 81.50% of the total crypto market 24-hour volume. Now, there is an improvement in the market from the last few days and investors are expecting that the market is going to reach its high level once again. Maybe, it could be a better chance for all the investors.
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Let’s talk about the current situation of the top trending coins of the market such as Bitcoin (BTC) and Ethereum (ETH). The coins have been trading at good value since the last day. Many are expecting that the token will return a great profit in the upcoming years if they will invest at this time. Currently, the coin is trading at $44,293 USD with a trading volume of $24,465,361,286.76 USD and the price of the coin was changed by 4.88% in the last 24 hours.
While, the BTC price in INR is reported around Rs. 33,40,087 while writing this and the price was raised by 3.72% in the last 24 hours. Another side, the ETH is trading at $3,107 USD with a trading volume of $14,274,316,354.61 USD and the price of the token was changed by 8.17% in the last 24 hours. Well, the ETH price in INR is around Rs. 2,30,510.
Some other coins of the market such as Tether, BNB, USD Coin, XRP, and Cardano are going down in comparison of last day. According to the coinmarketcap report, all the coins have been dropped by up to 11% in the last 24 hours.
Well, a news is coming from the crypto market that the hackers stole around $21 million in Bitcoin currency and $15 million in Ethereum currency from retirement accounts connected with IRA Financial Trust. The hack took place on February 8, 2022. Fintech startup Gemini manages these individual retirement accounts in non-traditional assets is dealing with facing some allegations regarding to this major hack for nearly a week.
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