Bitcoin and Ether prices today, August 10, are down over 3% as major cryptocurrencies trade in the negative
The price of Bitcoin fluctuated about Rs 17.78 lakh, with a 40.46 percent market share. According to information from CoinMarketCap, this was an increase of 0.03 percent for the day.
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Early on August 10, major cryptocurrencies experienced negative trading as the market cap of all cryptocurrencies fell by 3.93 percent, to $1.08 trillion, from the previous day. Over the past 24 hours, the overall volume of the crypto market decreased by 5.45 percent, reaching $67.94 billion.
DeFi's 24-hour volume was $7.36 billion, or 5.45%, of the total volume of the cryptocurrency market. All stable coin volume was $62.79 billion, or 92.42 percent of the 24-hour volume of the whole crypto market.
The price of Bitcoin fluctuated about Rs 17.78 lakh, with a 40.46 percent market share. According to information from CoinMarketCap, this was an increase of 0.03 percent for the day.
While this is going on, financial services company JP Morgan reported that despite low trading volumes, the market had reached its all-time high due to anticipation over the Merge, a highly anticipated update to the Ethereum (ETH) network.
Bitcoin (BTC), the most popular digital currency in the world, plunged as much as 75% from its record high in November of last year. However, crypto values, particularly those of BTC and ETH, have significantly recovered in July, rising by 36% and 102%, respectively, from their mid-June lows.
The crypto industry has recaptured the $1 trillion market value with BTC crossing the psychologically significant barrier of $24,000, driven by an increase in the prices of blue-chip tokens. Learn more.
These are the values of the top cryptocurrencies as of 8:21 AM on August 10 (data from WazirX):
NAME PRICE (INR) 24H %
Bitcoin 17,78,821 -3.07%
Ethereum 1,31,049.0 -3.15%
Tether 77.60 -0.57%
Cardano 39.53 -3.57%
Binance Coin 25,129 0.51%
XRP 27.75 -4%
Polkadot 665.02 -3.93%
Dogecoin 5.27 -1.86%
