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):
| NAME | PRICE (INR) | 24H % |
| Bitcoin | 17,63,084 | 2.02% |
| Ethereum | 1,00,979.7 | 6.57% |
| Tether | 82.52 | 0.13% |
| Cardano | 41.3816 | 1.77% |
| Binance Coin | 19,588.07 | 2.79% |
| XRP | 30.4600 | 0.18% |
| Polkadot | 675 | 2.33% |
| Dogecoin | 5.5900 | 3.75% |