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Major cryptocurrencies were trading in the green early on November 15 as the global crypto market cap increased 4.41 percent to $842.95 billion, over the last day. The total crypto market volume over the last 24 hours is $82.88 billion, which makes a 37.17 percent increase.
The total volume in DeFi is currently $4.13 billion, which is 4.98 percent of the total crypto market 24-hour volume. The volume of all stable coins is now $77.78 billion, which is 93.85 percent of the total crypto market 24-hour volume.
The price of bitcoin hovered around Rs 14.75 lakh, with a dominance of currently 38.16 percent, a decrease of 0.05 percent over the day, according to Coinmarketcap.
Also Read | Bitcoin miner expects ‘many more’ bankruptcies after FTX collapse
In other news, Binance chief executive Changpeng Zhao said the crypto exchange plans to launch a fund to help crypto projects facing a liquidity crisis as the collapse of rival FTX ricochets through the industry.
The recovery fund will help “reduce further cascading negative effects of FTX,” Zhao said in a tweet on November 14, targeting projects that are “otherwise strong, but in a liquidity crisis”. Read details here
Also Read | Global crypto meltdown: India dodges bullet thanks to cautious government, RBI
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