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Cryptocurrency Prices Today: Bitcoin, Ethereum rise; Dogecoin falls nearly 4%

Bitcoin's price stands at Rs 48,54,999 with a dominance of 45.14 percent, an decrease of 0.21 percent over the day.

October 26, 2021 / 08:23 AM IST
Cryptocurrency (Representative image)

Cryptocurrency (Representative image)

Cryptocurrency prices continued to be in the green on October 26. The global cryptocurrency market cap stood at Rs 196.53 lakh crore, a 2.07 percent decrease over the last day, while the market volume fell 1.8 percent to Rs 7,23,471 lakh crore over the last 24 hours.

Bitcoin was selling at Rs 48,54,999 with a dominance of 45.14 percent, a decrease of 0.21 percent over the day.

Shiba Inu tops the WazirX exchange in terms of volume with Tether and Bitcoin trailing behind on second and third, respectively.

SHIB, the self-proclaimed "Dogecoin killer", which was created in August 2020 by someone who uses the name Ryoshi, is modelled after Dogecoin. The coin has been named after the Japanese dog breed, Shiba Inu. The mascot of Shiba Inu, which is based on the Shiba pup, was claimed to be the ‘Dogecoin Killer’ when it was launched. The coin aims to be the Ethereum-based counterpart to Dogecoin.

French company Crypto Blockchain Industries said it would list on the Paris Euronext Growth stock market, highlighting the growing appeal of cryptocurrencies around the world.


The company said it would list its shares at a price of €2, giving it a market capitalisation of around €38.7 million ($45 million).

Mastercard Inc said on Monday it would allow partners on its network to enable their consumers to buy, sell, and hold cryptocurrency using a digital wallet, as well as reward them with digital currencies under loyalty programmes.

The credit card giant said it would offer these services in partnership with Bakkt Holdings Inc, the digital assets platform founded by NYSE-owner Intercontinental Exchange.

Founded in 2018, Bakkt went public earlier this year through a $2.1-billion merger with a blank-check company. Shares of the company were up 77 percent at $16.19 on Monday.

Mastercard said its partners can also allow customers earn and spend rewards in cryptocurrency instead of loyalty points.

As off 7.50am on October 26, these are the prices of largest cryptocurrencies (data from WazirX):
Binance Coin37,6570.49%
[Input from Reuters]

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Moneycontrol News
first published: Oct 26, 2021 08:23 am
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