Bitcoin Is Trading At Rupees 30.30 Lakh As Crypto Continues To See Red

In the last 24 hours

  • BTH was trading at INR 30.30 Lakh
  • ETH was trading at INR 2.01 Lakh
  • The rupee stood at 76.57 against the USD

The global crypto market capitalization on Monday morning was $1.70 trillion. During the last 24 hours, the market capitalization saw a decrease of 2.84 percent. The total volume of the crypto market was $62.28 billion with an increase of 16.08 percent. At $9.61 billion, the total DeFi volume is 15.43 percent of the total crypto market volume in the last 24 hours. The total market volume of the collective stablecoin is $52.19 billion, which is 83.79 percent of the total crypto market volume in the last 24 hours.

BTH was trading at INR 30.30967. Bitcoin is still in decline with an early morning drop of 11.86 percent. Meanwhile, ETH was trading at INR 2,01,059.1 down -1.82 percent. Popular meme coin Dogecoin is down -3.39% and is currently trading at INR8.83, while stablecoin Tether is doing slightly better with a rise of 0.65% and is currently trading at around Rs80.

The Indian Rupee is at 76.57 against the USD today, down -0.03% this morning.

In other news

  • Crude oil falls further, bringing a sigh of relief to Asian stocks and shareholders.
  • The Office of Foreign Assets (OFAC) of the United States Department of the Treasury has issued directives for US citizens and businesses regarding digital assets. OFAC has stated that the current sanctions on Russia extend to Cryptos as well.
  • american officials suggest that with a crashed ruble amid ongoing sanctions, Russia is now seeking military equipment from the Chinese.
  • Meanwhile, the Indian government is considering trading with the Russians in rubles.

SEE ALSO: 80 million Russians lost access to Instagram while sleeping

Cover Image: Pixabay

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