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Cryptocurrency Prices Today April 29: Bitcoin, Binance Coin rise as Dogecoin declines

Bitcoin's price is currently $39,687.83. The dominance of the world's biggest cryptocurrency is 41.69 percent, an increase of 0.15 percent over the day.

April 29, 2022 / 08:19 AM IST
Representative image

Representative image

Most cryptocurrencies traded in positive territory on April 29. The global crypto market cap is $1.81 trillion, a 0.37 percent increase over the last day.

The total crypto market volume over the last 24 hours is $95.24 billion, a 14.53 percent increase. The total volume in DeFi is currently $9.64 billion, 10.13 percent of the total crypto market 24-hour volume.

The volume of all stable coins is now $81.43 billion, which is 85.50 percent of the total crypto market 24-hour volume.

Bitcoin's price is currently $39,687.83. The dominance of the world's biggest cryptocurrency is currently 41.69 percent, an increase of 0.15 percent over the day.

In other news, Finance Minister Nirmala Sitharaman has said that India aims to introduce digital currency by 2023.

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"The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile)," she said. The minister also said the government maintains a consistent digital push across all industries.

"Central bank digital currency, digital banks, and digital university were announced in the Union Budget. There is a continuous digital nudge by the government across sectors," Sitharaman said.

In the budget, she had said that the introduction of digital currency will give a big boost to the digital economy.

As of 8:00 am, these were the prices of largest cryptocurrencies (data from WazirX):
NAMEPRICE (INR)24H %
Bitcoin32,02,4680.71%
Ethereum2,36,321.11.12%
Tether81.00-0.06%
Cardano68.1000-0.04
Binance Coin31.625.003.13%
XRP51.9440-1.26%
Polkadot1,368.15-0.49%
Dogecoin11.1080-2.8%
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