Top Cryptocurrency Prices Today November 25: Bitcoin falls, Ethereum flatlines as crypto market volume drops

The price of bitcoin, the world’s largest cryptocurrency, hovered around Rs 14.23 lakh, with a dominance of 38.30 percent

Representative image

Major cryptocurrencies were trading mixed early on November 25 as the global crypto market cap decreased 1.06 percent to $828.27 billion, over the last day. On the other hand, the total crypto market volume dropped 47.87 percent to $48.87 billion over the last 24 hours.

The total volume in DeFi stood at $3.21 billion, which is 6.71 percent of the total crypto market 24-hour volume. The volume of all stable coins was $44.98 billion, which is 93.96 per cent of the total crypto market 24-hour volume.

The price of bitcoin, the world’s largest cryptocurrency, hovered around Rs 14.23 lakh, with a dominance of 38.30 percent, a decrease of 0.01 percent over the day, according to Coinmarketcap.

In other news, the founder and CEO of Binance stated that the company’s crypto rescue fund would begin with $1 billion to distribute as it assumes the position of the sector’s white knight. Changpeng “CZ” Zhao stated in a Bloomberg interview that the fund will have a “loose” structure, be publicly accessible on the blockchain, and allow for contributions from other market participants. He stated that additional information would be provided in a blog post on the Binance platform and that the fund would begin operations as soon as feasible. The team will next determine how far the $1 billion can go before perhaps adding further money, according to CZ. Continue reading.

Also Read | Warren Buffett’s Berkshire warns about crypto website using its name

As of 8:36 am on November 25, these are the prices of the top cryptocurrencies (data from WazirX):

NAME PRICE (INR) 24H 
Bitcoin 14,23,004 -1.51%
Ethereum 1,04,496 0.4%
Tether 86.75 0.2%
Cardano 26.91 -0.23%
Binance Coin 23,399.99 1.23%
XRP 32.99 0.03%
Polkadot 479.39 0.49%
Dogecoin 7.07 2.34%

Find more blockchainbusiness and market related stories here

Moneycontrol News