Bitcoin prices went up by 0.19%, trading at $48,864.59. On Friday, the cryptocurrency rose by 5.01% to reach the 49k mark. The global cryptocurrency market gap stands at $2.08 trillion, a decline of 0.66% from the previous day. The total crypto market volume stands at $105.42 billion, which was a 4.40% per cent decrease over the previous day.
The data from CoinMarketCap suggest that the total volume in decentralized finance (DeFi) is currently $14.92 billion, 14.15% of the total crypto market 24-hour volume. The volume of all stable coins was $83.27 billion – 78.99 per cent of the total crypto market 24-hour volume.
Ethereum saw a decrease of 0.87% in the price. It is currently trading at $3,234.99. Binance coin is trading at $450.40, a decrease of 0.76% from the last day.
Many Bitcoin enthusiasts opine that bitcoin would have prevented the Taliban’s takeover of Afghanistan. If bitcoin had been the transaction medium, bitcoin’s secure blockchain technology would not have allowed another individual to get access to the country’s fund. “Bitcoin would have prevented the war in Afghanistan had it been the global reserve currency instead of the greenback. No sane government would have spent explicitly taxed dollars on a war that cost that much and lasted that long.” Bitcoin advocate Jimmy Song told Vice.
Cryptocurrency prices as of 9:50 a.m.
(Data sourced from CoinMarketCap)
- Bitcoin: Price- $48,934.36, 24-hour change: 0.47%, 7 day change: 4.69%
- Ethereum: Price – $3,241.63, 24-hour change: -0.70%, 7 day change: 0.17%
- Tether: Price – $1, 24 hour change: -0.07%, 7 day change: -0.06%
- Binance coin: $450.90, 24 hour change: -0.63%, 7 day change: 11.41%
- Dogecoin: Price – $0.3154, 24 hour change: -1.85%, 7 day change: 4.75%
