Ripple Emerges as Winner as Crypto Market Declines

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Bitcoin’s market share is currently 46.23 percent, a decline of 0.17 percent since yesterday, according to CoinMarketCap.

Major cryptocurrencies traded with mixed results on March 28, as the overall cryptocurrency market cap dropped 2.68 percent to a total of $1.13 trillion, in the last 24 hours.  The total crypto market volume over the same period rose by 35.1 percent to $43.04 billion. The total volume in DeFi stood at $3.67 billion, which is 8.54 percent of the total crypto market volume.

Bitcoin’s market share is currently 46.23 percent, a decline of 0.17 percent since yesterday, according to CoinMarketCap.

The volume of all stablecoins was $38.87 billion, which is 90.31 percent of the total crypto market 24-hour volume. Bitcoin’s market share is currently 46.23 percent, which is 0.17 percent lower than yesterday’s figure, as reported by CoinMarketCap.

Also read: 23-year-old ‘crypto king’ kidnapped, tortured over $3 million ransom: reports

The Securities and Exchange Commission (SEC) issued a Wells notice to leading cryptocurrency exchange Coinbase, alleging violations of US securities laws in offering several services, including Earn products. This news has sent shockwaves through the crypto sector.

Industry experts are concerned about the SEC’s approach to regulating the crypto market, which attempts to fit digital assets into existing laws designed for traditional financial institutions.

As of 8:18 am on March 28, these are the prices of the top cryptocurrencies (data from WazirX):










NAME PRICE (INR) 24H
Tether USD 87.75 -0.18%
Bitcoin 23,75,015 -2.61%
Ripple 42.0900 6.72%
Ethereum 1,51,580.0 -2.32%
Dogecoin 6.3009 -2.42%
WazirX Token 14.00 -2.57%


 


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