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% |
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!
