Top cryptocurrencies by market value Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) saw a slight rise on November 21 in last 24 hours, although all of them witnessed a fall of more than 6 per cent over the week.
Bitcoin has witnessed rise of around 4 per cent in the last 24 hours, and was trading at $$58,553.77at 11:05 am, according to coinmarketcap.com. The price of Ethereum was $4293.73, up 5.39 per cent in last 24 hours. Binance Coin rose 6.90 per cent in the last 24 hours to trade at $584.06 at 11:05 am. Tether (USDT) was fourth in the list by market cap and was trading at $1, witnessing a fall of 0.03 per cent.
Along with these coins, Solana (SOL) witnessed the maximum rise with an increase of 8.47 per cent in the last 24 hours. It was at the fifth position in the coinmarketcap.com list and was trading at a price of $214.83.
Decentraland (MANA) lost the most in the last 24 hours, as it went down by 3.52 per cent. It was trading at $3.96 at 11:30 am. With a rise of 34.80 per cent in the last 24 hours, Immutable X (IMX) gained the most in the last 24 hours and was trading at $7.40 at 11:30 am, according to coinmarketcap.com.
Top Meme Coins
According to coinmarketcap.com, Shiba Inu (SHIB), the largest meme coin by market cap, witnessed a gain of 13.64 per cent in the last 24 hours and was trading at $0.00004881. Dogecoin (DOGE) rose 4.33 per cent in the last 24 hours trading at a price of $$0.2324 at 11:30 am.
After witnessing a rise on November 18, Dogelon Mars (ELON), with a price of $0.000001725, saw a rise of 6.14 per cent in the last 24 hours. Moreover, Samoyedcoin (SAMO) was trading at $0.111, registering a rise of 15.74 per cent in the last 24 hours, according to coinmarketcap.com.
The Indian government is planning to pass a cryptocurrency law in the Winter Session of Parliament. According to a Reuters report which quoted sources familiar with government discussions, India may only allow coins that are pre-approved by the government to be listed and traded on exchanges. The report also said that government may pave the way for a Central Bank Digital Currency (CBDC) in India.
A few days ago, Indian Prime Minister Modi urged democratic countries to come together to halt misuse of new innovations like cryptocurrency, while speaking at the Sydney Dialogue.