Most cryptocurrencies traded lower on April 18. The global crypto market cap stood at $1.85 trillion, down 1.27 percent over Sunday.
The total crypto market volume over the last 24 hours reached $60.66 billion, which makes a 23.35 percent increase. The total volume in DeFi is currently $7.17 billion - 11.82 percent of the total crypto market 24-hour volume.
The volume of all stable coins is now $49.57 billion, which is 81.72 percent of the total crypto market 24-hour volume. Bitcoin's price is currently $39,850.67. The world's biggest cryptocurrency's dominance is currently 40.90 percent, an increase of 0.07 percent over the day, according to CoinMarketCap data.
In other news, retail online transaction platform UPI will likely continue to dominate the digital payments space in the country even as newer methods such as BNPL and digital currency are expected to define the future of payments, a study has said.
Unified Payments Interface (UPI), Buy Now Pay Later (BNPL), Central Bank Digital Currency (CBDC) and offline payments will drive growth of digital payments in India in the next five years, PwC India said in a report.
UPI is expected to continue to be the major contributor in the digital payments space, followed by BNPL, it said.
On the proposed CBDC, it said, given the present scenario, the central bank's digital currency will need to co-exist along with the existing rails rather than replace them.
''Some of the prominent use cases of CBDC that are applicable in the Indian context are programmable direct benefit transfer, online and offline retail payments and cross-border remittances,'' it said.
As off 9:30 am on April 18, these are the prices of largest cryptocurrencies (data from WazirX):
| NAME | PRICE (INR) | 24H % |
| Bitcoin | 31,85,554 | -0.85% |
| Ethereum | 2,39,246.9 | -0.8% |
| Tether | 80.17 | 0.46% |
| Cardano | 73.7500 | -1.95% |
| Binance Coin | 32,625 | -1.46% |
| XRP | 60.0102 | -2.65% |
| Polkadot | 1,464.21 | 1.5% |
| Dogecoin | 11.1799 | -2.25% |
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
| 1W returns-12.58% |
| 1W returns-12.88% |
| 1W returns-14.10% |
| 1W returns-14.45% |
| 1W returns-16.19% |
| 1W returns-19.27% |
| 1W returns-19.54% |
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
