Most cryptocurrencies traded in the red early on June 28 as the global crypto market cap rose 2.33 percent to $925.77 billion over the last 24 hours. The total crypto market volume increased 4.07 percent to $54.99 billion during the period.
The total volume in DeFi stood at $5.81 billion, 10.57 percent of the total crypto market's 24-hour volume. The volume of all stable coins was $49.24 billion, 89.55 per cent of the crypto market's 24-hour volume.
Bitcoin hovered over Rs 17 lakh, with a dominance of 42.53 percent. This was a 0.08 percent increase over the day, data from CoinMarketCap shows.
Meanwhile, India’s largest digital assets exchanges are bracing for a drawn-out crypto winter — one with some unwelcome local twists.
With token prices plummeting, customers unable to transfer money to their accounts and a dreaded transaction tax on cryptocurrencies just around the corner, exchanges like Binance-backed WazirX have put expansion plans on the back burner.
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