Major cryptocurrencies traded in the green early on June 15 as the global crypto market cap increased 4.3 percent to $936.39 billion over the last day. On the other hand, the total crypto market volume dropped to $103.41 billion.
The price of Bitcoin hovered over Rs 18 lakh, with a dominance of 44.7 percent. This was a 0.32 percent decrease over the day, according to data from CoinMarketCap.
Coinbase Global Inc will cut about 1,100 jobs, or 18% of its workforce, the cryptocurrency exchange said on Tuesday, the latest company preparing to ride out a downturn in the cryptosphere.
Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.
As of 8.22 am on June 15, these are the prices of the largest cryptocurrencies (data from WazirX):
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