Today’s cryptocurrency market was in red with $1.96 trillion being the global crypto market capitalisation. This is a 0.46 percent decline over the previous day. The total market volume for the last 24 hours is $102.90 billion. This represents a 44.45% increase.
DeFi’s total volume is $16.54 trillion, or 16.08 percent of total crypto market volume. All stablecoins account for $80.92 trillion, or 78.64% of the total.
Bitcoin currently has a price of Rs 33.83 lakh. The crypto account for 40.77% of the total crypto market’s 24-hour volume, an increase by 0.45 percent.
The crime of crypto-based crimes reached a new high in 2021 with transactions involving illegal addresses generating $14 billion in revenue over the year, an increase from $7.8 million in 2020, Chainalysis, a blockchain data company, said.
The firm stated that the percentage of fraudulent transactions as a percent of crypto transaction volumes fell to 0.15 percent in 2021.