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Cryptocurrency Prices Today: Bitcoin rises as Ethereum, Cardano and Solana decline

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The global cryptocurrency market capitalisation dipped 0.48 percent over the last 24 hours to $2.00 trillion while trading volumes were up 8.54 percent to $103.29 billion.While decentralised finance (DeFi) accounted for 12.48 percent of the 24-hour cryptocurrency trading volume at $12.89 billion, stablecoins constituted 79.21 percent at $81.81 billion.

Bitcoin's market dominance rose by 0.33 percent to 41.75  percent and the currency was trading at $44,076.20 on the morning of February 8.In rupee terms, Bitcoin rose 0.04 percent to trade at Rs 34,62,615, while Ethereum dipped 0.84 percent to Rs 2,45,582Cardano declined 5.49 percent to Rs 92.80 and Avalanche rose 4.77 percent to Rs 6,872.5.

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