Cryptocurrency Prices: Bitcoin Prices Rise, Ethereum Also Bounced
Whereas, Tether has fallen by 0.92 percent to Rs 83.16 during the previous day. On the other hand, Cardano is present at Rs 40.7000 with a gain of 0.36 percent.
Most cryptocurrencies have seen a rally on Monday. The global crypto market cap has increased by 1.14 percent to $1.07 trillion during the previous day. At the same time, the total crypto market volume fell by 2.77 percent to $ 70.99 billion during the last 24 hours. The total volume in Decentralized Finance (Defi) stands at $5.13 billion, which is 7.19 percent of the total 24-hour volume of the crypto market. At the same time, the volume of all stablecoins is $ 64.84 billion, which is 91.34 percent of the total 24-hour volume of the crypto market.
Bitcoin, the world's largest and most popular cryptocurrency by market capitalization, has gained 3.15 percent to reach Rs 18,20,000 during the last 24 hours. At the same time, Ethereum has gained 1.75 percent in 24 hours to Rs 1,45000.
Whereas, Tether has fallen by 0.92 percent to Rs 83.16 during the previous day. On the other hand, Cardano is present at Rs 40.7000 with a gain of 0.36 percent.
On the other hand, Binance Coin has come to Rs 24,436 with a jump of 2.66 percent in the last 24 hours. Talking about XRP, this cryptocurrency has seen a decline of 1.36 percent during 24 hours. This cryptocurrency is currently present at Rs 28.9100.
At the same time, Polkadot has reached Rs 632.00 with a slight increase of 0.15 percent during the last 24 hours. Whereas, Dogecoin has fallen 1.5 percent in 24 hours to Rs 5.2201.
The big boom in cryptocurrency hacking
Apart from this, let us tell you that a big jump is being seen in the hacking of cryptocurrencies. There has been a 60% increase in hacking incidents. This figure is for the first 7 months of this year. Hacking has cost $ 1.9 billion (about Rs 16000 crore). The incidents of theft of funds from the De-Centralized Finance (Defi) protocol have seen a huge increase. This report was released by blockchain analysis firm Chainalysis on Tuesday. In the same period last year, hackers stole $1.2 billion worth of cryptocurrency. That is, an increase of almost double in such incidents has been seen in a year.
Bloomberg data shows that between mid-January, both Ethereum and Bitcoin saw a decline, but by February, both rose sharply.
