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Major cryptocurrencies were flatlining early on September 4 as the global crypto market cap declined 0.25 percent to $976.49 billion over the previous day. The total crypto market volume fell 29.24 percent to $44.39 billion over the last 24 hours.
The total volume in decentralised finance (DeFi) stood at $3.45 billion, 7.77 percent of the crypto market’s 24-hour volume. The volume of all stablecoins was $40.35 billion, which is 90.89 percent of the crypto market 24-hour volume.
The price of bitcoin hovered around Rs 16.40 lakh. It dominates 38.83 percent of the market, a decrease of 0.19 percent over the day, according to CoinMarketCap.
He recommends selling Bitcoin now.
The reason is that after the Ethereum blockchain switches to a drastically less energy-intensive method of validating transactions, known as “proof-of-stake”, investors and regulators may realise that the energy-intensive method that both Bitcoin and Ethereum use now, called “proof-of-work”, was never really necessary. Read more
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Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
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