Major cryptocurrencies were trading in the red on June 18 as the global crypto market cap declined 1.59 percent to $886.55 billion over the last 24 hours. The total crypto market volume dropped 24.60 percent to $57.13 billion during the period.
The total volume in DeFi stood at $4.28 billion, 7.49 percent of the total crypto market's 24-hour volume. The volume of all stable coins was $51.18 billion, 89.58 percent of the crypto market's 24-hour volume.
Ethereum declined more than two percent to hover at Rs 89,499 lakhs, while bitcoin, the world's largest cryptocurrency, also dropped 2.2 percent at Rs 16,91,939 lakh, according to prices on cryptocurrency exchange WazirX.
The US securities market watchdog has launched an investigation to ascertain if cryptocurrency exchanges were doing enough to curb insider trading, Fox Business has reported.
The Securities and Exchange Commission (SEC) has sent a communication to at least one crypto exchange seeking information on the processes it followed to protect users from malpractices like insider trading, said the report, citing an unnamed source with the knowledge of the probe.
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