Crypto Market Sees Green, Bitcoin & Ethereum Leading


The Global crypto market cap stands at $1.16 trillion, registering a 2.32 percent increase since yesterday. Bitcoin, the largest cryptocurrency by market cap, is currently trading at Rs 23.74 lakh, with a dominance of 45.83 percent.

Cryptocurrencies have started the day in the green on March 29, with the total volume of crypto market transactions over the past 24 hours being $40.27 billion, representing a 6.54 percent decline. Meanwhile, the total DeFi volume currently stands at $3.69 billion, making up 9.18 percent of total crypto market 24-hour volumes.

The total volume of stable currencies is currently $35.96 billion, or 89.31 percent of the total crypto market 24-hour volume. According to data from CoinMarketCap, there was a 0.43 percentage decrease in the number of visitors over the course of the day.

In other news, Binance CEO Changpeng Zhao responded to the US civil complaint against the company filed by the Commodity Futures Trading Commission (CFTC), stating that the allegations in the case are incomplete and inaccurate. CZ also stated that the exchange has the best technology available to ensure compliance, making it one of the few global exchanges that still requires mandatory compliance through Know-Your-Customer (KYC) programs.

In a further setback, a US federal Judge granted the government’s request for temporarily suspending Voyager Digital’s bankruptcy plan, pausing the proposed sale of the cryptocurrency lending company to Binance.US. The company was trying to get out of bankruptcy and reimburse customers through Chapter 11 Protection.

Also Read | Crypto Roundup for March 29

As of 8.37 a.m. on March 29, these are the prices of the largest cryptocurrencies (data from WazirX):

Bitcoin 23,72,427 -0.15%
Ethereum 1,54,476.9 2.96%
Tether 86.89 -0.98%
Cardano 32.5000 7.61%
Binance Coin 26,990.71 -0.33%
XRP 45.9699 10.43%
Polkadot 530 -1.76%
Dogecoin 6.4377 0.59

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