Stock Market / Cryptocurrency Prices today bitcoin rates surge Ethereum also jumps

Zoom News : Jan 02, 2022, 06:39 PM
Global crypto market capitalization has increased by 0.81 percent to $2.23 trillion during the last 24 hours. Whereas, the total trading volume fell by 25.65 percent to $ 66.83 billion. Where DeFi accounts for 21.93 percent of the trading volume at $14.66 billion. At the same time, stablecoins are up 74.78 percent at $ 49.98 billion.

The market presence of bitcoin has fallen by 0.18 percent to reach 39.91 percent this morning. It is currently trading at $46,891.16.

Cardano, Avalanche also gain momentum

Talking about the big cryptocurrency, bitcoin is trading at Rs 37,86,507 with a gain of 1.68 percent. Whereas, Ethereum has gained 0.86 percent to Rs 3,00,000. At the same time, Cardano has risen by 3.1 percent to Rs 109.37. And Avalanche has risen by 4.1 percent to Rs 9,199. Whereas, Polkadot has gained 5.22 percent to Rs 2,272.19. And Litecoin has risen by 1.96 percent to reach Rs 11,943.07 in the last 24 hours. Tether fell 0.54 percent to Rs 79.54.

Mimecoin SHIB has seen a rise of 0.67 percent. Whereas, Dogecoin fell by 0.82 percent to reach Rs 13.79. LUNA has gained about 5.21 percent to Rs 7,268.21.

There was also a boom in Solana

Solana has gained 3.32 percent to reach Rs 14,249 during the last 24 hours. At the same time, XRP has increased by 1.21 percent to Rs 67.29. Whereas, Axie fell 0.31 percent to Rs 7,475.56.

Let us tell you that 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.

Cryptocurrency has emerged as a popular option among people as an investment in the recent times. Especially, a large number of youth are investing money in this. However, there is also a need to be careful in this. Because its prices keep fluctuating. Therefore, people should get thorough information about it before investing money in it.

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