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Cryptocurrency Prices Today: Markets recover slightly to trade in green as Bitcoin, Ethereum rise

Cardano rose 1.99 percent to Rs 84.11 and Avalanche rose 2.44 percent to Rs 5,161.96. Polkadot rose 3.68 percent to Rs 1,452.63 and Litecoin rose 2.17 percent to Rs 8,570.16 over the last 24 hours. Tether rose 0.27 percent to Rs 80.99 Memecoin SHIB increased 4.37 percent while Dogecoin rose 1.78 percent to trade at Rs 11.38. Terra (LUNA) fell 4.3 percent to Rs 4,320.

January 28, 2022 / 09:09 AM IST

The global cryptocurrency market capitalisation rose 2.65 percent over the last 24 hours to $1.66 trillion while the trading volume over the same period fell drastically by 99.91 percent to $79.04 billion.

While decentralised finance (DeFi) accounted for 14.28 percent of the 24-hour cryptocurrency trading volume at $11.29 billion, stablecoins made up 81.84 percent at $64.68 billion. Bitcoin's market dominance surged 0.01 percent to 42.07 percent and was trading at $36,837.91 today morning.

In rupee terms, Bitcoin rose 3.07 percent to trade at Rs 29,81,727, while Ethereum increased 1.54 percent to Rs 1,94,250

Cardano rose 1.99 percent to Rs 84.11 and Avalanche rose 2.44 percent to Rs 5,161.96. Polkadot rose 3.68 percent to Rs 1,452.63 and Litecoin rose 2.17 percent to Rs 8,570.16 over the last 24 hours. Tether rose 0.27 percent to Rs 80.99.

As of 8:30 am, these were the prices of various cryptocurrencies in the Indian market (Data from WazirX)

CryptocurrencyPrice (in Rs)24-hour change (in percent)
Bitcoin29,81,727+3.07
Ethereum1,94,250+1.54
Cardano84.11+1.99
Tether80.99+0.27
Solana7,305+3.18
Avalanche5,161.96+2.44
Litecoin 8,570.16+2.17
XRP48.80+1.27
Axie3,786.45-1.03