The largest changes in the bitcoin market and other areasThe largest changes in the bitcoin market and other areas

Early on June 25, major cryptocurrencies saw gains as the market capitalization of all cryptocurrencies increased by 2% over the previous 24 hours to $954.90 billion. During that time, the overall volume of the crypto market increased by 4.04 percent to $64.51 billion.

DeFi’s 24-hour volume was $6.97 billion, or 10.81 percent of the overall volume of the cryptocurrency market. All stable coin volume was $56.72 billion, or 87.93% of the 24-hour volume of the cryptocurrency market.

With a 42.52 percent market share, Bitcoin was trading about Rs 17 lakh. According to data from CoinMarketCap, this was a daily decline of 0.47 percent.

A decision on whether cryptocurrencies and other virtual digital assets are taxable has been postponed, according to the executive committee on GST.

A law governing cryptocurrencies is expected, according to the Fitment Committee’s recommendation to the GST Council, and it would be crucial to identify all pertinent suppliers connected to the crypto-ecosystem in addition to classifying them as products or services.

The prices of the top cryptocurrencies at 9:30 am on June 25 were as follows (WazirX data):

Binance Coin19,588.072.79%

Leave a Reply

Your email address will not be published.