Major cryptocurrencies traded in the red early on December 29 as the global crypto market cap decreased 1.51 per cent to $793.46 billion, over the last day. The total crypto market volume over the last 24 hours is $31.03 billion, which makes a 15.10% increase.
The total volume in DeFi is currently $2.13 billion, 6.88% of the total crypto market 24-hour volume. The volume of all stable coins is now $29.05 billion, which is 93.61% of the total crypto market 24-hour volume.
The price of Bitcoin, the world's largest cryptocurrency, hovered around Rs 14.16 lakh, with its dominance currently at 40.08 per cent, which is a increase of 0.19 per cent over the day, according to Coinmarketcap.
In other news, Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at his failed FTX cryptocurrency exchange.
Also Read | Indian crypto exchanges lose 34-50% of trading volumes following FTX collapse
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