The Holistic Picture Of The Cryptocurrency Market, An Overview:
Cryptocurrency Prices as on 21st March, 2022 caters to the present prices of the different types of Digitalized Tokens as on the 21st of March, 2022. On one hand, there has been a sudden Downfall of the Global Cryptocurrency Market by 1.68 percent in the last 24 Hours. As a result, the Market value stood to 1.68 Trillion Dollars. On the other hand, the Trading volumes have dipped by 5.61 Percent. Therefore, the value stood to 77.97 Billion Dollars at this point of time.
Then, What Is The Picture Of Bitcoin ?
Coming to Bitcoin, the value of this Currency has dipped by 0.86 percent. As a result, it is trading at Rupees 3231285. At the same time, the Market dominance of the coin was up marginally and that also by 0.01 percentage to 42.15 percentage. Moreover, the Currency was trading at 41238.56 Dollars. The most Catchy parameter is that Bitcoin was able to cross the 40000 Mark, at last.
Volume Of The Decentralized Finance Space :
Switching on to the complete volume of the Decentralized Finance Space, the value stood to 12.73 Billion Dollars. When it comes percentage wise, the value was 16.32 percent of the aggregate 24 Hours Cryptocurrency Trading volume.
The Scenario Of Stablecoins :
Coming to Stablecoins, the total volume of this Currency, stood to 65.37 Billion Dollars. The Best part of the story is that Stablecoins could make up finally the 83.85 percent of the 24 Hours Cryptocurrency Trading volume.
Cardano And Avalanche Witnessed The Downfall :
Coming to Cardano, it was down by 0.3 percent and therefore, it could trade at Rupees 68.96. Apart from this, the value of Avalanche plummeted by 3.32 percent and the value of Avalanche stood to Rupees 6627.26.
Polkadot Value Falls Down, Litecoin Value Augments :
Coming to Polkadot, the value of Polkadot fell down by 1.31 percent to stand at a value of Rupees 1466.92. Switching on to Litecoin, the value of the same rose by 0.45 percentand it’s value stood finally to Rupees 9060.35. Moreover, these values have been observed in the last 24 Hours.
The Catchy part is that the value of Tether also rose by 0.73 percent and it’s value stood to Rupees 78.19.
Memecoin And DogecoinValues :
On one hand, the value of Memecoin SHIB plummeted by 4.19 percent. It needs to be noted that the Currency was trading at Rupees 0.0017. On the other hand, Dogecoin also fell down by 1.79 percentage and this was trading at Rupees 9.36.
Rise Of Terra (LUNA) And Drop Of Algorand (ALGO) :
At a time when the value of Terra rose to Rupees 7220 by 1.34 percentage, the value of Algorand fell to Rupees 58.19, by a percentage of 2.15.
Concluding Lines :
The Rise and Fall in the values of the Cryptocurrencies are truly very unpredictable