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Cryptocurrency Prices Today: Bitcoin, Ethereum plunge nearly 6%
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Cryptocurrency prices continue to be in the red on November 16. The global cryptocurrency market cap is Rs 199.31 lakh crores, a 6.24 percent decrease over the last day, while the total crypto market volume over the last 24 hours is Rs 8,33,533 crores, which makes a 29.03 percent increase.
Bitcoin's price is currently Rs 50,03,493 and its dominance is currently 43.36 percent, an increase of 0.06 percent over the day.
The Parliamentary Standing Committee on Finance met with industry associations and experts to discuss matters of crypto finance on November 15. The committee was led by Bharatiya Janata Party MP and former union minister Jayant Sinha.
There was reportedly a consensus that a regulatory mechanism should be put in place to regulate
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