Cryptocurrency Prices Today April 6: Bitcoin down, Dogecoin biggest loser

moneycontrol.com:

Cryptocurrencies traded in the red early on April 6. The global crypto market cap is $2.09 trillion, a 3.51 percent decrease over the last day. The total crypto market volume over the last 24 hours is $110.65 billion, a 2.92 percent increase.

The total volume in DeFi is currently $14.04 billion, 12.69 percent of the total crypto market 24-hour volume. The volume of all stablecoins is now $92.05 billion, which is 83.19 percent of the total crypto market 24-hour volume.

Bitcoin's price is currently Rs 36.18 lakh with a dominance of 41.18 percent. This is a 0.19 percent increase over the day, as per CoinMarketCap data.

Except for Tether, which gained 1.27 percent over the last 24 hours, all other cryptos on our list were in the red. The biggest loser was Dogecoin (-7.68 percent), followed by Polkadot, (-5.53 percent), Cardano (-4. 67 percent), Ethereum (-3.56 percent), XRP (-1.75 percent), Bitcoin (-1.36 percent), and Binance Coin (-1.06 percent).

In other news, the United Kingdom will soon introduce its own non-fungible token in effort to the lead the way in cryptocurrencies.

Rishi Sunak, the UK's chancellor of the exchequer, has directed the Royal Mint to put out the NFT by summer, his deputy John Glenn said at a conference in London. He added that the UK government planned to prioritise blockchain technology and even consider borrowing money and issuing debt using it.

Glenn, who is the economic secretary to the UK's treasury, said that the NFT would be emblematic of the "forward-looking approach we are determined to take".

The hugely popular NFTs are speculative purchases. Glenn said the UK will have in place multiple measures to regulate digital assets.

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