Global crypto market capitalization fell 1.38 percent in the last 24 hours, to $2.33 Trillion. Meanwhile, markets trading volume dropped 10.77 percent to $74.90 Billion.
DeFi ($11.59 trillion) was responsible for 15.48% of all trading volume. Stablecoins ($57.58 trillion) were responsible for 76.87%. Bitcoin’s market dominance, currently trading at $49781.43, fell 0.43 percent to $40.30 percent Saturday morning.
Major cryptocurrencies saw Bitcoin trade at Rs 39.78,662 and Ethereum (Rs 3.22,000.1) fall 0.86 percent. Ethereum’s 0.94 percent increase was the result. Cardano (Rs 114.96) grew 4.3 percent. Avalanche (Rs 9093.93) surged 0.47 per cent, Polkadot (2,312.32) rose 3.69 Percent, and Litecoin (12,500) fell 1.82 percent in the last 24 hours. Tether traded at Rs 78.7, down 0.14 percent.
Memecoin SHIB rose 2.91 percent while DOGE soared 2.35 percent and traded at Rs 14.99. Bitcoin trades at Rs 39.78,662, while LUNA traded at Rs 7.710.99.
Google Trends data, which tracks the most searched combinations, revealed that global searches for the term “NFT” have outperformed those for “Crypto” for the first-time.
The Big Four Big Four professional service firms, Deloitte and PwC, EY, and KPMG, have asked their partners and executives to disclose any cryptocurrency investments they made or family members made during the year. The firms also requested details about investments in non-fungible tokens and other crypto assets as part of their annual risk assessment process.
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