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HomeNewsBusinessCryptocurrencyCryptocurrency Prices Today August 23: Bitcoin, Ethereum trade in red; Polkadot biggest loser

Cryptocurrency Prices Today August 23: Bitcoin, Ethereum trade in red; Polkadot biggest loser

The price of Bitcoin hovered around Rs 17.80 lakh. Bitcoin’s dominance is currently 39.84 percent, a fall of 0.25 percent over the day, according to CoinMarketCap.

August 23, 2022 / 09:19 IST
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Major cryptocurrencies traded in the red early on August 23. The global crypto market cap was $1.03 trillion, which is a 0.01 percent increase over the last day.

The total crypto market volume over the last 24 hours was $70.74 billion, which makes a 19.05 percent increase.


The total volume in DeFi stood at $5.43 billion7.67 percent of the total crypto market 24-hour volume. The volume of all stablecoins is now $63.92 billion, which is 90.37 percent of the total crypto market's 24-hour volume.


The price of Bitcoin hovered at Rs 17.80 lakh. Bitcoin’s dominance is currently 39.84 percent, a fall of 0.25 percent over the day, according to CoinMarketCap.

In other news, Australia said on Monday it would do a virtual stocktake of the country's cryptocurrency holdings, the first signal from the new centre-left government that it plans to regulate the $1 trillion sector.
Treasurer Jim Chalmers said that his department would undertake "token mapping", or cataloging the types and uses of digital currency owned within the country, as a first step to identifying which cryptocurrency assets to regulate, and how.

Australia would be the first country in the world to conduct such an exercise, he added in a statement. Read more details here.

As of 8.59 am on August 23, these are the prices of largest cryptocurrencies (data from WazirX):

NAMEPRICE (INR)24H %
Bitcoin17,80,259-1.49%
Ethereum1,35,600-1.02%
Tether85.04-0.53%
Cardano39.6500-2.77%
Binance Coin25,000.00-1.43%
XRP28.5500-0.93%
Polkadot635.00-5.43%
Dogecoin5.7500-2.53%
Find more blockchainbusiness and market related stories here
Moneycontrol News
first published: Aug 23, 2022 09:19 am

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