Highest Cryptocurrency Rates Polkadot saw the highest increase on August 1 while Bitcoin saw the biggest loss
The cost of one bitcoin was almost Rs. 19 lakh. At the moment, Bitcoin holds a 41.03 percent market share, down 0.27 percent from the previous day.
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Early on August 1, major cryptocurrencies displayed a mixed trend. The market capitalization of all cryptocurrencies is $1.09 trillion, down 0.79 percent from the previous day. The entire volume of the cryptocurrency market over the last 24 hours was $72.17 billion, a 6.89% decline.
DeFi had a $9.22 billion 24-hour volume total, or 12.78 percent of the whole crypto market. All stable coin volume is currently $67.31 billion, or 93.28 percent of the 24-hour volume of the whole crypto market.
The cost of one bitcoin was almost Rs. 19 lakh. According to data from CoinMarketCap, Bitcoin's market share is currently 41.03 percent, down 0.27 percent from the previous day.
In other news, Bitcoin, the largest cryptocurrency in the world, has long dominated the world of digital assets. But now, as a result of Ether's spectacular rise, supporters of the No. 2 cryptocurrency by market value are renewing predictions that it could eventually usurp the crown.
The "flippening," as it is known in the cryptosphere, is still probably a ways off. Even though the value of Ether has increased by 50% over the previous month, its market cap of about $210 billion is still less than half that of Bitcoin. However, as a significant milestone draws near, believers are buoyed by a renewed faith that it will happen—possibly sooner rather than later.
These are the rates of the biggest cryptocurrencies as of August 1 at 7:22 am (info from WazirX):
NAME PRICE (INR) 24H %
Bitcoin 19,01,000 -4.23%
Ethereum 1,38,700.0 -0.88%
Tether 82.01 0.68%
Cardano 42.9916 0.65%
Binance Coin 23,899.96 2.31%
XRP 31.4500 -1.68%
Polkadot 720.00 4.04%
Dogecoin 5.6501 -3.41%