In the previous 24 hours, cryptocurrency markets have plummeted. According to CoinMarketCap data, crypto the global market cap has dropped 5.08 percent in the last 24 hours and is now $1.98 trillion as of 8:00 a.m. IST.
Prices of Particular Cryptocurrencies
Bitcoin is currently priced at $43,317, down 4.42 percent. Ethereum is now priced at $3,189, down 4.89 percent.
In the previous 24 hours, the USDT Tether stablecoin has remained unchanged, while the USDC stablecoin has dropped by 0.01 percent.
The BNB token has lost 4.30 percent of its value.
The price of XRP Ripple has dropped by 5.57 percent. The ADA cryptocurrency has been trending down by 8.15 percent.
Terra LUNA has gained 7.12% in the previous 24 hours.
Solana suffered a setback. fell by 9.90 per cent. Avalanche is down by 8.47 percent.
Conclusion
The European Union Commission has called for experts to contribute to crypto the development of the Digital Euro. Moreover, the CBDC Index released by PwC ranks Nigeria and Bahamas in the lead of the global CBDC race.
