Bitcoin sees a decrease of 0.11% whereas Polkadot is up 3.92%, see how they compare to other major cryptos to start off this week.
The total volume in DeFi is currently $3.59 billion, 7.50% of the total crypto market 24-hour volume. The volume of all stable coins is now $44.61 billion, which is 93.08% of the total crypto market 24-hour volume.
The price of Bitcoin hovered over Rs 16.42 lakh. Its dominance is currently 38.72%, a decrease of 0.11% over the day, according to CoinMarketCap.
In other news, the parent company of Latin American exchange Mercado Bitcoin, 2TM, has announced a second round of layoffs.
According to Bitcoin Portal, a Brazilian cryptocurrency publication also owned by 2TM, the company let go of 15% of its employees due to continued “adversity in the economy”. The publication stated that it “regrets the loss of colleagues.”
At 7:35 am, these were the prices of the largest cryptocurrencies (data from WazirX):