Cryptocurrency Rates Today 13 November: The world’s major cryptocurrencies were trading in the green in the early trade this morning, but their business has seen a big decline in a day. From yesterday to today, the market cap of the global crypto market has seen a decline of 0.69 percent and has come to $ 848.55 billion. At the same time, overall the volume of the crypto market has fallen 42.69 percent to $ 55.22 billion.
According to Coinmarketcap, the rate of bitcoin in India is hovering around 1.5 million, which accounts for 38.17 percent of the total crypto, and if we look at its one-day price, it has gone up by 0.23 percent.
See cryptocurrency rates in India-
Bitcoin prices are currently trading at Rs 14,85,000 per coin with a decline of 0.98 per cent.
The price of Ethereum is currently at Rs 1,11,002.9 and it is trading at a fall of 0.12 percent.
If we look at the price of Tether, it is currently at Rs 87.61 and a decline of 0.74 per cent is being recorded in it.
The rate of Cardano remained at Rs 32.00 with a decline of 2.97 per cent.
There is a decline of 1.97 percent in the rate of Binance Coin and it is running at Rs 24,899 per coin.
There is a loss of 4.78 per cent in the rate of XRP and it is trading at Rs 31.60.
There is a decline of 2.38 percent in the price of Polkadot and it is trading at Rs 525.02.
Dodgecoin is trading at Rs 7.93 per token after a fall of 4.58 percent today.
Why is the cryptocurrency market falling?
The crypto market has lost nearly $2 trillion in the past few weeks due to liquidity problems in FTX. Along with this, in the last few years, many central banks around the world have tightened their monetary policy. This is also having a bad effect on the cryptocurrency market and many major cryptocurrencies including bitcoin are seeing a decline.