Major cryptocurrencies were trading in the red early on May 7 as the global crypto market cap decreased by 2.49 percent to $1.19 trillion over the previous day. In the last 24 hours, the market volume decreased by 12.95 percent to $38.29 billion. The total volume in decentralised finance (DeFi) stood at $2.61 billion, which is 6.81 percent of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 47.16 percent, an increase of 0.15 percent over the day, according to CoinMarketCap.
At 7:40 am on May 7, these were the prices of the top cryptocurrencies (data from WazirX):
| NAME | PRICE (INR) | 24H |
| Tether USD | 87.75 | 0.74% |
| Bitcoin | 25,35,999 | -0.33% |
| Ripple | 40.1000 | 0.22% |
| Ethereum | 1,67,500 | -2.04% |
| Dogecoin | 6.7800 | -1.31% |
| WazirX Token | 13.50 | -3.57% |
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!
