Cryptocurrency Prices Today June 09: Bitcoin, Ethereum in red; Polkadot biggest loser
The total volume in Defi stood at $7.02 billion, 10.48 percent of the total crypto market 24-hour volume. The volume of all stable coins was at $57.81 billion, which is 86.23 percent of the total crypto market's 24-hour volume.
Bitcoin's price hovered around Rs 24.64 lakh with a dominance of 46.54 percent, a 0.32 percent decrease over the last day, according to data on CoinMarketCap.
Cryptocurrency developers and US lawmakers are moving towards putting the Commodity Futures Trading Commission in charge of regulating digital currencies, said CFTC Commissioner Summer Mersinger.
The designation would expand the CFTC's mandate to oversee agricultural, energy and financial options markets and pave the way for the agency to regulate other digital assets such as non-fungible tokens, or NFTs.
Separately, the CFTC is considering how carbon trading markets operate, with a view towards their use in hedging and risk management.
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