Cryptocurrency prices on December 20

Cryptocurrency trade volume was $77.97 billion, down 0.36 percent, over the last 24 hours. Stablecoins ($60.56 billion) accounted for 77.66 percent of the crypto market’s 24-hour market volume, while DeFi ($10.62 billion) contributed for 13.62 percent of overall crypto volume.

The global crypto market capitalization declined by 0.21 percent during the last 24 hours to stand at $2.19 trillion. Bitcoin’s market domination increased by 0.02 percent in the last day to 40.24 percent. Bitcoin is presently trading at $46,627.84.

Over the last 24 hours, the total cryptocurrency trade volume was $77.97 billion, down 0.36 percent. Stablecoins ($60.56 billion) accounted for 77.66 percent of the crypto market’s 24-hour market volume, while DeFi ($10.62 billion) contributed for 13.62 percent of the overall crypto volume

In terms of major cryptocurrencies, Bitcoin climbed by 0.18 percent to Rs 37,34,081, while Ethereum increased by 0.38 percent to Rs 3,14,199. Cardano (Rs 99.05) lost 1.44 percent of its value. Over the last 24 hours, Avalanche (Rs 8,601.80) has lost 5.92 percent, Polkadot (Rs 1,997.96) has lost 1.04 percent, and Litecoin (Rs 12,332.59) has gained 4.12 percent.

Memecoin SHIB fell 2.47 percent to Rs 13.49, while DOGE fell 1.09 percent to Rs 13.49. Bitcoin is currently trading at Rs 37,34,081, while LUNA is currently trading at Rs 6,200.01, up 6.16 percent.

According to recent reports, the Bank of England is having trouble obtaining the necessary data on institutional crypto exposure and intends to speed up international talks on establishing a regulatory system for these assets. However, according to their presentation, crypto holdings in the UK do not constitute a threat to the financial system at this time.

The Reserve Bank of India (RBI) recently stated that it supports a total ban on cryptocurrencies, citing “severe concerns” about their impact on macroeconomic and financial stability and exchange management.

Adidas made $23.4 million over the weekend when it unveiled its NFT collection in a fantastic, chart-topping fashion. There were 30,000 Adidas Originals NFTs available for grabs, all of which were minted on the Ethereum network.

SOURCE: IPO INFO

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