Cryptocurrency prices on December 28: Bitcoin, Ethereum trade in red; Litecoin up 2%
Bitcoin slipped 1.43 percent to trade at Rs 40,12,726 while Ethereum declined 0.78 percent at Rs 3,20,560
The global crypto market capitalisation on December 28 declined to $2.34 trillion from $2.39 trillion during the last 24 hours while the trading volume jumped to $86.55 billion from $75.03 billion on December 27.
The market cap of Stablecoins slipped by 0.06 percent in the last 24 hours to $ 162.25 billion. Stablecoins are a type of cryptocurrency which has its value tied to an outside asset — such as the US dollar or any other fiat currency or gold — to stabilise the price.
As for major cryptocurrencies, Bitcoin slipped 1.43 percent to trade at Rs 40,12,726 while Ethereum declined 0.78 percent at Rs 3,20,560. Cardano climbed 1.68 percent to Rs 116.8443.
Avalanche slipped 1.19 percent to Rs 9,182.968, while Litecoin dropped 2.03 percent to 12,378 and Tether traded flat at Rs 78.89 over the last 24 hours.