Cryptocurrency Prices Today August 23: Bitcoin, Ethereum trade in red; Polkadot biggest loser
Major cryptocurrencies traded in the red early on August 23. The global crypto market cap was $1.03 trillion, which is a 0.01 percent increase over the last day.
The total volume in DeFi stood at $5.43 billion, 7.67 percent of the total crypto market 24-hour volume. The volume of all stablecoins is now $63.92 billion, which is 90.37 percent of the total crypto market's 24-hour volume.
The price of Bitcoin hovered at Rs 17.80 lakh. Bitcoin’s dominance is currently 39.84 percent, a fall of 0.25 percent over the day, according to CoinMarketCap.
Treasurer Jim Chalmers said that his department would undertake "token mapping", or cataloging the types and uses of digital currency owned within the country, as a first step to identifying which cryptocurrency assets to regulate, and how.
Australia would be the first country in the world to conduct such an exercise, he added in a statement. Read more details here.
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