On July 16, the top cryptocurrencies by price were Bitcoin, Ether, and the global crypto market cap

Early on July 16, major cryptocurrencies experienced positive trading. Over the previous day, the market cap of all cryptocurrencies increased by 0.71 percent to $929.85 billion. Over the past 24 hours, the overall volume of the crypto market decreased by 9.88 percent, reaching $64,000,000,000.

DeFi had a total 24-hour volume of $6.32 billion, or 9.88 percent, of the whole crypto market. All stable coin volume is currently $58.23 billion, or 90.99 percent of the 24-hour volume of the whole crypto market.

Bitcoin was trading at about Rs 16.84 lakh. According to data from CoinMarketCap, Bitcoin has a 42.51 percent market share at the moment, up 0.16 percent from the previous day.

In related news, multimillionaire investor Kevin O'Leary called for a "celebration" of the removal of bad companies and management during the bear phase and projected that bitcoin markets will continue to experience suffering in the future.

The Shark Tank star claimed in an interview that if laws for the cryptocurrency markets are put in place, it will result in significant institutional investments, which will increase Bitcoin's value by a factor of four.

The prices of the top cryptocurrencies as of July 16 at 7:57 am are as follows (info from WazirX):

NAME                     PRICE (INR) 24H %

Bitcoin                      16,85,585        0.58%

Ethereum              98,699.0       1.75%

Tether                      81.61           -0.45%

Cardano                       35.9000   --1.64%

Binance Coin             19,251.92    -0.76%

XRP                            27.1500    -0.69%

Polkadot                    566.37            1.13%

Dogecoin                   5.1301          -0.76%