Major cryptocurrencies were trading in the red early on October 15 as the global crypto market cap decreased by 1.95 per cent to $919.43 billion, over the last day. The total crypto market volume over the last 24 hours is $64.25 billion, which makes a 23.40 per cent decrease.
The total volume in DeFi is currently $3.81 billion, which is 5.93 per cent of the total crypto market 24-hour volume. The volume of all stable coins is now $59.90 billion, which is 93.22 per cent of the total crypto market 24-hour volume.
The price of bitcoin hovered around Rs 16 lakh, with a dominance of currently 40.03 per cent, which is a decrease of 0.19 per cent over the day.
Also Read | NFTs: regulators go ape amid market downturn
In other news, bitcoin company NYDIG laid off about a third of its workforce last month to cut costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
NYDIG, a unit of Stone Ridge Holdings, operates a full-stack bitcoin platform which delivers the cryptocurrency across industries including financial technology, insurance and banking. Read more here.
Read more on moneycontrol.com