New Delhi: The cryptocurrencies are trading in red and green on November 6. The global cryptocurrency market capitalisation is amounting to $2.71 trillion which is a 0.39% decrease over the last 24 hours, as per CoinMarketCap. The total market volume is $112.74 billion which results in an 11.16% decrease over the last day.
Currently, the total volume in DeFi is priced at $14.37 billion which makes 12.74% of the total crypto market 24-hour volume. Besides, the volume of the stable coin is $87.58 billion, which is 77.68% of the total cryptocurrency market 24-hour volume.
Bitcoin is trading at Rs 48 lakh and experiencing a dominance of 42.56%, resulting in a decrease of 0.77% over the day.
Notably, Eric Adams, the New York Mayor-elect stated that he would take his first three paychecks in Bitcoin and the city would build into the “center of the cryptocurrency industry.” Adam took to Twitter, where he wrote that New York City is “going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!”
Adam, a member of the Democrat party, is the second Black mayor of the United States’ most populous city, New York in January after the victory over Republican Curtis Sliwas, the founder of the Guardian Angles civilian safety petrol.
On the other side of the planet, Kabosu, the rescue Shiba Inu dog in Japan which inspired the foundation of the meme coin, Shiba Inu is celebrating 16 years this week. The meme, shared on the internet, inspired the Dogecoin crypto.
This Diwali witnessed Indians investing largely in Shiba Inu followed by Bitcoin, Ethereum, and others.
