Cryptocurrency prices today: Bitcoin, ether drop while Solana, litecoin go up

Additionally, the world cryptocurrency market the capitalization today is $1.97 trillion, which fell 0.5% in the last 24 hours. The total cryptocurrency trading volume in the last day is $60.4 billion. Bitcoin dominance is at 38.8% and Ethereum dominance is at 18.5%.

Ethereal it fell 0.2% trading at $3,041.27 on Sunday. Ether is up around 2% to around $3,000 last week. It has plunged around 18% this year, while its biggest rival Bitcoin is down around 14%. Solana was up 0.4% trading at $101.84. Litecoin was also up 1.9% and was trading at $114.26.

Shiba Inu, on the other hand, fell 1.1% and was trading at $0.00002563. Dogecoin witnessed a deeper drop of 2.4% and was trading at $0.143599.

In another related development, large Indian cryptocurrency exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of crypto through a widely used state-backed transfer network, prompting users to renew demands. of regulatory clarity.

India has spent years working on a law to ban or regulate cryptocurrencies, with a ban backed by the central bank over financial stability risks, though a recent decision to tax its income suggests acceptance by the authorities. CoinSwitch did not allow users to load deposits on its app, although they could still withdraw funds.

It is worth noting that although there is no official data available on the size of the Indian crypto market, however, industry estimates say that the number of investors ranges between 15 and 20 million, with a total participation of around 400 000 million rupees ($5.25 billion). .

(With contributions from agencies)