Bitcoin, Ethereum, Cardano decline; crypto donations to Ukraine nearing $10 mn

© Sounak Mukherjee
Cryptocurrency Costs Right now: Bitcoin, Ethereum, Cardano decline; crypto donations to Ukraine nearing $10 mn

The worldwide cryptocurrency market capitalisation fell 2.83 % over the past 24 hours to $1.75 trillion, whereas buying and selling volumes have been down about 29.55 % to $68.18 billion throughout the identical interval.

Over the past 24 hours, the entire quantity within the decentralised finance (DeFi) area stood at $11.02 billion, constituting round 16.16 % of the 24-hour cryptocurrency buying and selling quantity. The whole quantity in stablecoins stood at $53.41 billion, round 78.34 % of the 24-hour cryptocurrency buying and selling quantity.

Bitcoin’s market dominance rose 0.13 % to 41.89 % and the foreign money was buying and selling at $38,561.99 on the morning of February 27.

In rupee phrases, Bitcoin fell 1.19 % to commerce at Rs 30,60,482 whereas Ethereum fell 2.43 % to Rs 2,14,681.2

Cardano was down 5.89 % to Rs 67.99 and Avalanche fell 1.87 % to Rs 6,263.69. Polkadot fell 0.62 % to Rs 1,398.1 and Litecoin was down 3.63 % to Rs 8,369.77 within the final 24 hours. Tether was up 0.33 % to Rs 78.9.

Memecoin SHIB fell 3.61 % whereas Dogecoin was down by 2.63 % to commerce at Rs 9.8. Terra (LUNA) rose 2.74 % to Rs 5,947.54

In main information, the tally of cryptocurrency donations despatched to Ukraine’s authorities and NGOs because the begin of its Russian invasion is nearing $10 million, together with $1.86 million from one NFT (non-fungible token) assortment, in accordance with blockchain analytics agency Elliptic.

That complete is rising quickly as donations pour in for what’s been dubbed the “world’s first crypto battle”. The federal government of Ukraine additionally tweeted from its official account on Saturday that it was “now accepting cryptocurrency donations.”

As of 8:40 am, these have been the costs of varied cryptocurrencies within the Indian market (Information from WazirX)

Cryptocurrency

Value (in Rs)

24-hour change (in %)

Bitcoin

30,60,482

-1.19

Ethereum

2,14,681.2

-2.43

Cardano

67.99

-5.89

Tether

78.9

+0.33

Solana

6,950

-4.61

Avalanche

6,263.69

-1.87

Litecoin

8,369.77

-3.63

XRP

57.93

-4.24

Axie

3,832.64

-5.13