Cryptocurrency Prices, July 17: There is a decline in the cryptocurrency market even today. With this, even today the global crypto market cap has come down to Rs 1.27 lakh crore as compared to the previous day. Many major cryptocurrencies are seeing a decline.
Today (Saturday, 17 July 2021) there is a decline in the global cryptocurrency market. Because of this, now the market cap has also come down by 2.77 percent to $ 1.27 trillion. In the last 24 hours, the total crypto market volume has come down to $ 63.96 billion. It has also declined by 3.04 percent. The volume of all stable coins has also come down to $51.54 billion. During the last 24 hours, the share of stable coins in the total global crypto market has reached 80.59 percent.
The price of bitcoin is currently trading below 32 thousand dollars. The share of bitcoin in the global market has increased by 0.52 percent to 46.14 percent. The maximum fall has been seen in Polkadot. It has declined by 9.21 percent. After this, the price of Dodgecoin has also declined by 6.77 percent. Second, Tether is also seeing a rise of 0.05 percent.
The turmoil in the global crypto market comes at a time when fintech company Square has announced that it is launching a business that will focus solely on bitcoin. Twitter CEO Jack Dorsey announced this by tweeting. The new company will work to develop an open developer platform to facilitate decentralized financial services.
Another new way to earn from cryptocurrency
You can buy cryptocurrency like any other investment and easily sell it to earn profit when the price rises. But now some cryptocurrency exchanges in India also allow you to borrow cryptocurrency. The names of these exchanges are Vauld and ZebPay. On both these exchanges you can lend to bitcoin, ethereum, tether and dai etc. ZebPay gives you the facility of lending cryptocurrency from 7 to 90 days.
The return you get will depend on the time period for which you are lending it. For example, you can get up to 3% on Bitcoin, up to 7% on Ethereum and Dai, and up to 12% on Tether at an annualized rate.
Rates of the world’s top 10 cryptocurrencies as of July 17 at 10:15 am (these figures are taken from coinmarketcap.com)
- Bitcoin: Down 1.80 percent to $31,366.50
- Ethereum: Down 3.49 percent to $1,880.15
- Tether: up 0.05 percent to $1.0
- Binance Coin: Falls 6.50 percent to $299.82
- Cardano: Falls 5.43 percent to $1.23
- XRP: down 4.97 percent to $0.5807
- USD Coin: $1.0 down 0.05 percent
- Dogecoin: 8.28 percent down $0.1715
- Polkadot: Falls 9.43 percent to $11.95
- Binance USD: $1.00 down 0.01 percent
Which cryptocurrency has gained the most
- Ultra NFT: $0.0000000001426 up 334.04 percent in last 24 hours
- NFT Starter: $0.000009346 up 123.03 percent in last 24 hours
- RiseUp: $0.000000022601 up 110.21% in the last 24 hours
- Goes Up Higher: Up 76.24 per cent in last 24 hours to $57,841
- E-Coin Finance: $0.00000006965 up 75.25 percent in last 24 hours
