Top Cryptocurrency Prices Today August 12: Bitcoin Down 2.76%; Market Cap Drops to 1.53%
The price of Bitcoin was around Rs 17 lakh, with a 40.06 percent market share. According to information from CoinMarketCap, this represented a daily decline of 0.19 percent.
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Major cryptocurrencies had early losses on August 12 as the market valuation of all cryptocurrencies increased by 1.53% to $1.14 trillion from the day before. Over the past 24 hours, the overall volume of the cryptocurrency market fell 1.57 percent, reaching $85.24 billion.
DeFi's 24-hour volume was $8.99 billion, or 10.54 percent, of the overall volume of the cryptocurrency market. All stable coin volume was $77.97 billion, or 91.47 percent of the overall crypto market 24hr volume.
The price of Bitcoin was around Rs 17 lakh, with a 40.06 percent market share. According to information from CoinMarketCap, this represented a daily decline of 0.19 percent.
In other events, researcher CryptoCompare reported on Thursday that cryptocurrency derivatives trading on centralised exchanges increased to $3.12 trillion in July, a 13% monthly gain, as crypto prices show signs of recovery following the recent market crisis.
According to CryptoCompare, the derivatives market now accounts for 69% of all crypto transactions, up from 66% in June, and helped drive total crypto volumes on exchanges to $4.51 trillion in July.
The prices of the top cryptocurrencies as of August 12 at 8:10 am are as follows (info from WazirX):
