Cryptocurrency Prices Today May 25: Bitcoin up, Binance Coin biggest gainer

Cryptocurrency Prices Today May 25: Bitcoin up, Binance Coin biggest gainer

Bitcoin traded above Rs 24 lakh. The market dominance of world's largest cryptocurrency rose 0.25 percent to 44.46 percent over the last day, according to data from CoinMarketCap.





May 25, 2022 / 09:07 AM IST





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Major cryptocurrencies traded in the green early on May 25 as the global crypto market cap increased 2.29 percent to $1.29 trillion over the last day. On the other hand, the total crypto market volume over the last 24 hours dropped 14.56 percent to $71.64 billion.

The total volume in DeFi stood at $7.98 billion, 11.14 percent of the total crypto market 24-hour volume. The volume of all stable coins was $62.83 billion, which is 87.71 percent of the total crypto market 24-hour volume.

Bitcoin traded above Rs 24 lakh. The market dominance of world's largest cryptocurrency rose 0.25 percent to 44.46 percent over the last day, according to data from CoinMarketCap.

In India, the Reserve Bank of India (RBI) has been cautioning investors and the government against cryptocurrencies and continues to maintain its position, more so amid the current crypto market crash, said governor Shaktikanta Das.

In an exclusive interview with CNBC-TV18, Das said, "We have been cautioning against crypto and look at what has happened