Cryptocurrency: The cryptocurrency market has experienced a significant decline, with the market cap once again falling below $1 trillion.
Globally, along with the fall in the stock market, the cryptocurrency market also saw a major fall. By early Monday morning, the cryptocurrency market cap had fallen by 1.18 percent to less than $1 trillion.
On Monday, it was valued at $956.08 billion.
According to Coinmarketcap data, Bitcoin fell 0.86 percent to $19,843.79.Bitcoin has dropped 7.40 percent in the last seven days and is now trading below $20,000.In the last 24 hours, the price of Ethereum, the second-largest cryptocurrency, fell 2.76 percent to $1,452.70.Ethereum’s price has fallen by 9.18 percent in the last 7 days. Bitcoin holds 39.8 percent of the market, while Ethereum holds 18.6 percent.
Increase in what?
According to Coinmarketcap, Unifty (NIF), Bitsubishi (BITSU) and Hiroki (HIRO) are the three digital currencies that have gained the most in the last 24 hours. These are the cryptocurrencies whose volume is more than 50 thousand dollars. In the last 24 hours, the Nifty (NIF) has risen 743.26 percent.