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Cryptocurrency Prices today on December 12: Bitcoin up 2%, Cardano jumps 11%

Among major cryptocurrencies globally, Bitcoin and Ethereum rose over 2 percent each to Rs 39,71,544 and Rs 3,27,111.0 respectively

December 12, 2021 / 07:37 IST
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The total cryptocurrency market capitalization rose to $2.27 trillion from $2.20 trillion during the last 24 hours, while the trading volume dropped to $78 billion from $106.65 billion on Saturday, December 11.

Among major cryptocurrencies, Bitcoin and Ethereum rose over 2 percent each to Rs 39,71,544 and Rs 3,27,111.0 respectively.

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Cardano jumped over 11 percent to Rs 111.3999, while Avalanche added 2 percent at Rs 6,795.358. Polkadot dropped about 2 percent to Rs 2,244.11, while Litecoin traded at Rs 12,538-levels, up over 1 percent over the last 24-hours.

Prime Minister Narendra Modi will take a final decision on the regulatory framework for cryptocurrencies amid conflicting views among stakeholders, The Economic Times reported quoting sources. A high-level meeting was held on Thursday to consider all the options as also stakeholder views including the concerns voiced by the Reserve Bank of India.