Major cryptocurrencies were trading in the green early on December 6 as the global crypto market cap decreased 0.86 per cent to $856.36 billion, over the last day. The total crypto market volume over the last 24 hours is $40.21 billion, which makes a 26.48 per cent increase.

The total volume in DeFi is currently $2.84 billion, which is 7.06 per cent of the total crypto market 24-hour volume. The volume of all stable coins is now $36.63 billion, which is 91.10 per cent of the total crypto market 24-hour volume.

The price of bitcoin, the world's largest cryptocurrency, hovered around Rs 14.46 lakh, with a dominance of 38.32 per cent, an increase of 0.00 per cent over the day, according to Coinmarketcap.

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In other news, cryptocurrency operator Circle Internet Financial said on Monday it has decided to end a $9 billion deal with blank-check firm Concord Acquisition Corp, nearly ten months after an earlier agreement was amended.

"We are disappointed the proposed transaction timed out, however, becoming a public company remains part of Circle's core strategy to enhance trust and transparency, which has never been more important," said Jeremy Allaire, Co-Founder and Chief Executive Officer of Circle.

The company did not elaborate on its plans to go public. Circle is the principal operator of stablecoin USDC and reported a net income of $43 million and nearly $400 million in cash in the third quarter. Read more here.

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