Most cryptocurrencies have seen a decline on Saturday.
Most cryptocurrencies have seen a decline on Saturday. The global crypto market cap has fallen by 3.50 per cent to $1.22 trillion during the previous day.
Most cryptocurrencies (cryptocurrency) A decline has been observed on Saturday. global crypto market cap (Crypto Market) During the previous day, it has fallen by 3.50 percent to reach $ 1.22 trillion. At the same time, the total crypto market volume fell by 12 percent to $ 61.66 billion during 24 hours. Total volume in Decentralized Finance (DeFi) stood at $5.35 billion, which is 8.68 percent of the total 24-hour volume of the crypto market. Whereas, all stablecoins (Stablecoins) The volume has grown to $52.18 billion, which is 84.63 percent of the total 24-hour volume of the crypto market. bitcoin (Bitcoin) With a fall of 2.91 percent in the last 24 hours, it has reached Rs 24,12,261 at the present time.
The world’s largest and most popular cryptocurrency by market capitalization, bitcoin, has increased its market presence by 0.09 per cent to 46.31 per cent.
At the same time, Ethereum prices have fallen by 3.71 percent to Rs 1,43,742 in 24 hours. Whereas, Tether has gained 0.65 percent to Rs 81.98.
On the other hand, Cardano is trading at Rs 45 with a fall of 7.44 percent. On the other hand, Binance Coin has fallen 3.47 percent to reach Rs 24,110. Talking about XRP, this cryptocurrency has seen a decline of 4.8 percent during the last 24 hours. This cryptocurrency is currently present at Rs 31.50.
Digital currency can replace cash: RBI Deputy Governor
Let us tell you that RBI Deputy Governor T Rabi Shankar said in a webinar a few days ago that Central Bank Digital Currency (CBDC) can replace cash-based transactions to some extent in India. Shankar had said that in the last five years, where digital payments have grown in India at an average annual growth rate of around 50 per cent. At the same time, the supply of currency has almost doubled.
Apart from this, 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 listed for the first budget session, but it could not be presented, as the government had decided to work on it again.
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