Major cryptocurrencies were trading in the red early on October 9 as the global crypto market cap stood at $938.00 billion, down 1.04 percent over the last day. The total crypto market volume over the last 24 hours is $32.65 billion, which makes a 37.51 per cent decrease.
The total volume in DeFi is currently $2.Cartasde1806 billion, which is 6.30 per cent of the total crypto market 24-hour volume. The volume of all stable coins is now $30.23 billion, which is 92.57 per cent of the total crypto market 24-hour volume.
The price of bitcoin hovered around Rs 16 lakh, with a dominance of currently 39.64 per cent, an increase of 0.01 per cent over the day, according to Coinmarketcap.
In other news, the non-fungible token (NFT) market is in a shambles these days. The market plunged 97 percent from its peak of $17 billion in early 2022 to $470 million in September 2022, according to data from Dune Analytics, a blockchain analytics firm.
But while the NFT market continues to dip and regulators are keeping a strict eye on celebrity endorsements, Bollywood celebrities have not stopped their involvement with these digital assets. Read more here.
Also Read | Things to keep in mind while choosing a crypto tax calculation software
As of 7:40 am on October 9, these are the prices of the largest cryptocurrencies (data from WazirX):
| NAME | PRICE (INR) | 24H % |
| Bitcoin | 16,39,332 | -0.04% |
| Ethereum | 1,12,00.0 | -1.14% |
| Tether | 85.16 | 0.07% |
| Cardano | 36.4236 | 0.06% |
| Binance Coin | 23,500.60 | -0.84% |
| XRP | 43.4361 | 0.54% |
| Polkadot | 536.00 | -0.74% |
| Dogecoin | 5.1770 | -1.2% |
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