The cryptocurrency market went into the red over the last 24 hours, with the trading volume decreasing by 6.43 percent, standing at 128.94 billion dollars. Currently trading at 60,414 dollars, Bitcoin saw a 2.68 percent rise on a daily basis, maintaining its market dominance at 43.04%. Ethereum also saw a rise of 5.14 percent, trading at 4,320 dollars. Polkadot (43.12 dollars), also surged almost 9 percent.
DeFi is at present almost 15.56 billion dollars, comprising almost 12.07 percent of the total crypto market volume (24-hour basis). The stable coin volume, standing at almost 96.09 billion dollars, makes up for 74.52 percent of the total crypto market's 24-hour volume.
India made significant strides in the cryptocurrency regulation space,
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