Crypto Market On The Rise As Bitcoin And Ethereum Gain Mild Momentum

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In the last 24 hours

  • Bitcoin trading at INR
  • Ethereum is trading at INR
  • Global Crypto market capitalization is a $1.73 trillion
  • Indian Rupee is at 76.87 per USD

Another mildly positive day for the crypto community as the market sees some gain in the last 24 hours. Global crypto market cap rose to a +2.11% to $1.73 trillion. Global trading volume gained 23.83% rising to $85.36 billion. The total volume of DeFi is at $12.83 billion which is 15.02% of the total crypto trading volume in the past 24 hours. Total volume of stable coins stood at $72.04 billion that’s 84.40% of the 24 hrs crypto trading volume. Bitcoin dominance was at 42.39% of the crypto market. The crypto currency is currently trading at $38,635.59 with a +2.65% gain that’s INR 30,83,278. Meanwhile with a +1.47% gain Etheruem is trading at INR 2,03,000.

Cardano gained +0.02% and is trading at INR 64.51

Avalanche gained +3.71% and is trading at INR 5,859.6

Polkadot gained +1.82% and is trading at INR 1,323.72

Litecoin gained +1.74% and is trading at INR 8,008.73

Whereas Tether fell -0.13% and is trading at INR 79.64

In other news

  • Steve Wozniak was in total praise of Cryptos in a recent interview with the Business Insider. He has long been an avid admirer of Bitcoins. However, the Apple cofounder is a li’l less appreciative about NFTs in general.
  • Joe Biden orders studies in regulating crypto. The WhiteHouse seems to be coming up with executive orders regarding oversight on cryptos very soon.
  • Coinbase bans 25000 crypto wallets of russians. This comes as a total surprise. Even as major Crypto Coin exchanges are apprehensive about levying sanctions on Russians.
  • Tomorrow is the last day for Russians stranded globally to use their visa and mastercards. As major crypto cards including Visa, Mastercard and AmEx have exited Russia over the Ukrainian conflict, cardholders are left with no option than withdraw all cashes by March 09, the last day their cards will function. However, Chinese cards and payment systems can save ‘em.

SEE ALSO: Crypto Payment Legalized In Swiss City Lugano; Citizens Can Pay Taxes Too In Crypto

Cover Image: Pixabay





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