Price of Cryptocurrency Today on January 6: Red Market As Bitcoin, Ethereum Fall

Price of Cryptocurrency Today on January 6: Red Market As Bitcoin, Ethereum Fall

The global Crypto market capitalization fell substantially 6.92 percent over the last 24 hours to $ 2.07 trillion while the total trade volume rose 12.25 percent to $ 116.37 billion.

While Defi contributed 18.35 percent of trading volume of $ 21.35 billion, Stablecoins consisted of 79.47 percent at $ 92.48 billion. The dominance of the Bitcoin market rose 0.30 percent to 39.66 percent today. Currently traded at $ 43,417.67.

As for Cryptocurrency-Cryptocurrency, Bitcoin dipped 4.97 percent to trade at Rs 35.02.996 while the Ethereum fell 6.55 percent to Rs 2,82,500.

Cardano dipped 6.36 percent to Rs 99.02 and avalanches fell 7.58 percent to Rs 7,731. Polkadot fell 9.4 percent to Rs 2,111.1 and Litecoin fell 7.83 percent at Rs 10,858.01 for the past 24 hours. Tether rose 1.12 percent to be traded at RS 80.43

Overwhile Shib down 7.59 percent while Dogecoin decreased 6.74 percent to be traded at Rs 12.62. Terra (Luna) dipped around 8.94 percent to RS6,142.2.

The dominance of the Bitcoin market continues to sink – and is currently at the lowest level for years. The last big dye was seen in the market domination in 2018 when it fell to 33 percent.

Quentin Tarantino film director, in November 2021, announced the planned NFT launch based on 1994 film “pulp fiction.” However, the film studio Miramax filed a lawsuit against Tarantino, claiming that he had no right to sell the digital goods. A newer report shows that iconic film directors intend to sell this NFT.

According to a new report from the initial Crypto Stadium investment company, electricity capital, some protocol ecosystems go beyond the largest developer ecosystem out there, Ethereum. “Polkadot, Solana, close, [Smart Binance Chain], Avalanche, and Terra have early ecosystem growth faster than Ethereum,” said the report.

At 8:40 a.m., this is the price of various Cryptocurrency on the Indian market (data from Wazirx)

RYPTOCURRENCY PRICE (IN RS) 24-HOUR CHANGE (IN PERCENT)
Bitcoin 35,02,996 -4.97
Ethereum 2,82,500 -6.55
Cardano 99.02 -6.36
Tether 80.43 +1.12
Solana 12,237.8 -8.67
Avalanche 7,731 -7.58
Litecoin 10,858.01 -7.83
XRP 61.93 -6.17
Axie 6,360 -15.02

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