Today's cryptocurrency prices: Bitcoin trades over Rs. 16 lakh, Ethereum declines

Morning September 7, major cryptocurrencies were trading in the red early on, despite the fact that the market valuation of all cryptocurrencies climbed by 5.13 percent overnight to $941.28 billion. Over the past 24 hours, the entire volume of the crypto market grew by 39.52 percent, reaching $87.71 billion.

DeFi's entire 24-hour volume was $6.94 billion, or 7.91 percent, of the total volume of the cryptocurrency market. The overall volume of stablecoins was $80.81 billion, or 92.14 percent of the 24-hour volume of the whole crypto market.

Bitcoin was trading around Rs 16 lakh. According to CoinMarketCap, its market share is currently 38.26 percent, a drop of 0.04 percent from the previous day.

The largest cryptocurrencies' prices at 7:46 am were as follows (WazirX data):

NAME                       PRICE (INR)        24H %

Bitcoin                      16,00,000              -4.78%

Ethereum              1,30,500               -3.37%

Tether                        84.89                1.78%

Cardano                         38.900              -2.75%

Binance Coin                22,011.00                  -7%

XRP                                 26.6262               -4.16%

Polkadot                          612                       -3.33%

Dogecoin                      5.1149                 -0.88%