look news india
New Delhi, May 23 (HS). There is selling pressure in the crypto currency market on Thursday. Out of the top 10 crypto currencies in terms of market cap, three virtual currencies are trading strongly in the green zone, while 7 cryptocurrencies including Bitcoin are in the red zone with a big decline. In today's trading, the world's largest crypto currency Bitcoin fell below the level of 70 thousand dollars.
According to Coin Market Cap, the agency authorized to trade crypto currency in India, till 6 pm Indian time today, Bitcoin was trading with a decline of 0.73 percent at the level of $ 69,681.86 i.e. Rs 58 lakh. On the other hand, the price of Ethereum, the world's second largest crypto currency, jumped by 2.88 percent today to reach the level of $ 3,843.51.
Apart from these two largest crypto currencies, Tether was trading with a weakness of 0.07 percent, BNB 2.24 percent, Solana 3.74 percent, USD Coin 0.02 percent, XRP 1.70 percent and Cardano 1.50 percent. On the other hand, Dogecoin was trading with a gain of 2.56 percent and Toncoin was trading with a gain of 2.50 percent.
According to Coin Market Cap, the global market cap of crypto currency has declined by 0.28 percent during the last 24 hours of trading. Currently, the global market cap of crypto currency has come down to $2.59 trillion i.e. around Rs 215.62 lakh crore.
Along with the decline in global market cap, there has also been a decline in transactions of crypto currencies during the last 24 hours. During this period, a total of $ 9,815 crore i.e. Rs 8.17 lakh crore worth of crypto currency was transacted, which is 14.42 percent less than the day before. If we talk about the world's largest crypto currency Bitcoin, then with the fall in price, during the last 24 hours of trading, the position of this virtual currency in the crypto currency market has also weakened by 0.23 percent, due to which its market share has decreased to 52.95. percent is left.
