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What Is The Scenario Of The Global Cryptocurrency Market Capitalization ? :

23rd March, 2022 Cryptocurrency Prices caters, at the outset, to the Global Cryptocurrency Market. Switching on to this Market, the Market Capitalization has risen by 0.53 percent in the last 24 Hours.

At the day end, the value has stood to 1.87 Trillion Dollars. At the same time, the Trading volumes have also jumped to 13.96 percent to stand up to 89.28 Billion Dollars in this period.

The Picture Of Decentralized Finance :

Coming to the Decentralized Finance, the value has stood to 13.39 Billion Dollars. In fact, in case calculated Percentage wise , it stands to 15 percent of the aggregate 24 Hours Cryptocurrency Trading volume.

The Scenario Of Stablecoins :

At the same time, the total volume in Stablecoins stood at 74.90 Billion Dollars. As a result, this could make 83.90 percent of the 24 Hours Cryptocurrency Trading volume.

What Was The Performance Of Bitcoins ? :

Switching on to Bitcoins, the Market Dominance of Bitcoins went down marginally. This slump happened by 0.41 percent to 41.75 percentage. In fact, this Cryptocurrency, which is the largest in the Crypto space was trading at 41086.15 Dollars.

It needs to be noted that this value was exactly above the 40000 Dollars mark on the 22nd of March, 2022. However, when converted to the Rupee form, the Bitcoin slumped by 0.69 percent and it was trading at 3217584 Rupees.

The value of Ethereum has augmented by 1.11 percentage and it’s value stood to 227244.9.

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The Miscellaneous Coins :

On one hand, the value of Cardano rose by 2.9 percentage. Moreover, it was trading at Rupees 71.11. On the other hand, the value of Avalanche rose by 2.74 percentage and it’s value stood to Rupees 6764.23.

Apart from this, the value of Polkadot augmented by 0.64 percentage to Rupees 1471.64. Adding to the facts, Litecoin also rose by 1.59 percentage and it’s value stood to Rupees 9153.36. Furthermore, these values have been recorded in the last 24 Hours.

Tether has witnessed a Marginal dip by 0.04 percentage and it’s value stood to Rupees 78.28.

Concluding Lines :

The fluctuations in the prices of the Cryptocurrencies are effected based on the Geopolitical Factors also.   

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