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Cryptocurrency Prices Today: Bitcoin down 0.53%, price above Rs 48 lakh on October 22
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Cryptocurrencies are mostly in the red on October 22. The global crypto market cap is $2.58 trillion, a 1.51 percent decrease over the last day. The total crypto market volume over the last 24 hours is $124.08 billion, which makes a 10.70 percent increase.
Bitcoin is currently trading at Rs 48,97,000 lakh, and its dominance is currently 45.94 percent, a decrease of 0.53 percent over the day. This is lower than the over Rs 50 lakh it registered yesterday - an all-time high.
The record high on October 21 came after the start of the first US bitcoin futures-based exchange-traded fund (ETF) - the ProShares Bitcoin Strategy ETF. Analysts said the ETF would likely simplify access to cryptocurrencies for retail investors.
Meanwhile, Crypto firm FTX
Read more on moneycontrol.comAbout this in other media
Institutional managers bought $2B worth of Bitcoin in October cointelegraph.com /2 years ago
Vague News From Ripple Fails To Propel XRP Prices cryptonews.com /2 years ago
Peter Thiel: High Bitcoin Prices Are Proof of US Inflation cryptonews.com /2 years ago
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