Cryptocurrency Prices Today April 7: Bitcoin down, Dogecoin biggest loser. All currencies in red
Cryptocurrencies traded in the red early on April 7. The global crypto market-cap is $1.98 trillion, a 5.04 percent decrease over the last day. The total crypto market volume over the last 24 hours is $120.40 billion, which makes a 9.15 percent increase.
The total volume in DeFi is currently $15.22 billion, 12.64 percent of the total crypto market 24-hour volume. The volume of all stable coins is now $101.18 billion, which is 84.04 percent of the total crypto market 24-hour volume.
Bitcoin's price is currently Rs 34.43 lakh with a dominance of 41.42 percent. This is a 0.24 percent increase over the day, as per CoinMarketCap data.
All cryptos on our list were in the red. The biggest loser was Dogecoin which dropped -10.45 percent, followed by Cardano, (-7.92 percent), Polkadot (-6.36 percent), XRP (-4.8 percent), Ethereum (-4.75 percent), Binance Coin (-4.63 percent), Bitcoin (-4.37 percent) and Tether (-0.26 percent).
In other news, crypto exchange Binance is leading investors' contribution to a bailout of victims of a $615 million digital coin theft, the company targeted in the heist said. The Vietnam-based company Sky Mavis, which runs the game Axie Infinity, said last week it had been hit by one of the largest crypto heists on record.
Sky Mavis said it would reimburse the lost money to users through a combination of its own balance sheet funds and $150 million raised by investors including cryptocurrency exchange Binance and venture capital firm a16z. "Sky Mavis is committed to reimbursing all of our users' lost funds and implementing rigorous internal security measures to prevent future attacks," said Trung Nguyen, CEO of Sky Mavis.
Binance CEO Changpeng Zhao said "we strongly believe Sky Mavis will bring a lot of value
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