look news india
New Delhi, July 4 (HS). There is chaos in the crypto currency market on Thursday. There is an atmosphere of pressure all around in the market. Due to which 8 of the top-10 crypto currencies in terms of market cap are trading in the red zone with a decline. At the same time, only one crypto currency is in the green zone with a slight increase, while there is no change in the price of one crypto currency. Due to today's decline, the world's largest crypto currency has fallen by more than 4 percent and has slipped below the level of 58 thousand dollars for the first time since May. Similarly, the world's second largest crypto currency Ethereum has also registered a decline of more than 4 percent today.
According to the information received from Coin Market Cap, an agency authorized to trade crypto currency in India, till 6 pm today, according to Indian time, Bitcoin was trading at a level of $ 57,838.31 i.e. Rs 48.29 lakh, with a decline of 4.01 percent. Similarly, the price of Ethereum also fell by 4.44 percent today to a level of $ 3,162.02.
Apart from Bitcoin and Ethereum, BNB was trading with a weakness of 6.03 percent, Solana 7.01 percent, XRP 6.86 percent, Dogecoin 7.86 percent, Toncoin 6.89 percent and Cardano 3.91 percent. On the other hand, Tether was trading with a marginal gain of 0.05 percent. Apart from this, there has been no change in the price of USD Coin during the last 24 hours of trading.
According to information received from Coin Market Cap, the global market cap of crypto currency has declined by 2.13 percent during the last 24 hours of trading. Currently, the global market cap of crypto currency has come down to 2.13 lakh crore dollars i.e. around 177.82 lakh crore rupees.
Despite the fall in the global market cap, there has been an increase in the transactions of cryptocurrencies during the last 24 hours. During this period, a total of 9,116 crore dollars i.e. 7.61 lakh crore rupees worth of cryptocurrencies were transacted, which is 18.78 percent more than a day earlier. If we talk about the world's largest cryptocurrency bitcoin, despite the fall in price, the position of this virtual currency has strengthened by 0.18 percent in the crypto currency market during the last 24 hours of trading, due to which its market share has increased to 53.38 percent.
