Cryptocurrency news today: Cryptos trading in red, Bitcoin down 2.05%

New Delhi: Cryptocurrencies are trading in the red on November 13. The global market capitalisation is priced at $2.80 trillion, marking a 2.09% decrease over 24 hours. The total cryptocurrency market volume is $118.91 billion with a 5.94% decrease over the last day.

Currently, the total volume in DeFi is $14.54 billion, resulting in 12.23% of the total crypto market 24-hour volume. The volume of the stable coins is priced at $92.07 billion, forming 77.43% of the total cryptocurrency market 24-hour volume.

Bitcoin is currently trading at Rs 51 lakh, having dominance of 43.10%. It has witnessed a 2.05% decrease over the last day.

Meanwhile, Apple CEO Tim Cook stated that he has bought cryptocurrencies as a part of his portfolio but the company has no intention of joining the cryptocurrency hub.

In an interview to New York Times DealBook Online Summit, Tim Cook stated that “I think it’s reasonable to own it as part of a diversified portfolio,” while adding that he was not giving any investment advice. Cook also said that recently he has shown interest in crypto and is doing research on it.

Also, Cook clarified that the company had no intention of holding any crypto and had no intention in near future as well. “There are other things that we are definitely looking at,” he added.

According to Bankrate survey, at least 49% of the American millennials have stated that they are comfortable with investing in cryptocurrency. Among that 49%, 15% answered that they are “very comfortable” with investing in crypto while 34% have answered “somewhat comfortable.”

People between the age group of 25-40 years are regarded as millennials.

Besides, 37% of Generation X (ages 41-56) and 22% of baby boomers (ages 57-75) stated that they are very comfortable with investing in cryptocurrency. The study was conducted by Bankrate through phone interview where SSRS interviewed 1,008 adults from May 25-30, 2021.