Major cryptocurrencies trading in the red early on November 18 indeed as the global crypto market cap increased 0.16 % to $836.91 billion, over the last day. The total crypto market volume declined 14.24 percent to $52.07 billion over the last 24 hours. The total volume in DeFi stood at $2.62 billion, which is 5.04 percent of the total crypto market 24-hour volume. The volume of all stabled coins $48.64 billion, which is 93.41 % of the total crypto market 24-hour volume. The price of bitcoin, world's largest cryptocurrency, hovered around Rs 14.45 lakh, with a dominance of 38.71 percent, which is an increase of 0.31 percent over the day, according to Coinmarket cap Analyse.
In other news, Brazilian crypto advocates are urging lawmakers that to give final approval on a bill aimed at boosting oversight of the sector, after the collapse of FTX – once an industry darling .