Major cryptocurrencies were trading in the green early on November 20 even as the global crypto market cap increased 0.82 percent to $836.91 billion over the last day. The total crypto market volume declined 22.77 percent to $33.17 billion over the last 24 hours.
Total volume in DeFi stood at $2.18 billion, which is 22.77 percent of the total crypto market 24-hour volume. The volume of all stablecoins was $2.18 billion, which is 90.16 percent of the total crypto market 24-hour volume.
The price of bitcoin, the world's largest cryptocurrency, hovered around Rs 14.30 lakh, with a dominance of 38.37 percent, which is a decrease of 0.07 percent over the day, according to Coinmarketcap.
Also Read | Binance to relaunch bid to buy bankrupt Voyager Digital: Coindesk
In other news, Changpeng Zhao, co-founder and CEO of crypto exchange Binance, said he does not see much potential in the Indian crypto market as of today.
“To be honest, I don’t think India is a very crypto-friendly environment,” Zhao, one of the most influential figures in the crypto industry, said at a TechCrunch crypto conference held on Thursday. Read more here.
Also Read | 'The Big Short' Michael Burry turns bullish on gold, sees contagion after FTX collapse
As of 8:11 am on November 20, these are the prices of the top cryptocurrencies (data from WazirX):
| NAME | PRICE (INR) | 24H |
| Bitcoin | 14,30,260 | 0.38% |
| Ethereum | 1,05,898.7 | 0.57% |
| Tether | 86.01 | -0.22% |
| Cardano | 28.7900 | -0.71% |
| Binance Coin | 23,115.20 | -0.91% |
| XRP | 33.0501 | 2.91% |
| Polkadot | 490.14 | -0.85% |
| Dogecoin | 7.11 | -0.4% |
Find more blockchain, business and market related stories here
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.