Top Cryptocurrency Prices Today November 11: Bitcoin up 3%, Ethereum jumps 9%; Dogecoin top gainer
Major cryptocurrencies were trading in the green early on November 11 as the global crypto market cap increased 7.58 percent to $869.62 billion, over the last day. On the other hand, the total crypto market volume dropped 23.74 percent to $144.29 billion over the last 24 hours.
The total volume in DeFi stood at $6.88 billion, which is 4.77 percent of the total crypto market 24-hour volume. The volume of all stable coins was $140.42 billion, which is 97.32 percent of the total crypto market 24-hour volume.
The price of bitcoin hovered around Rs 15 lakh, with a dominance of currently 38.14 percent, which is a decrease of 0.24 percent over the day, according to Coinmarketcap.
Also Read | The collapse of FTX — Is this crypto’s Lehman moment?
In other news, U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX, the company said Thursday in a Twitter post. Read more here.
Also Read | MC Explains | What is the FTX-Binance fiasco that's hammering Bitcoin?
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