Bitcoin’s price is currently $49,357.13 and its dominance is currently 43.74 percent, a decrease of 0.02 percent over the day.
Cryptocurrency prices continue to be a mix of red and green on August 29. The global cryptocurrency market cap is $2.12 trillion, a 0.46 percent increase over the last day, while the total crypto market volume over the last 24 hours is $92.21 billion, which makes a 15.38 percent decrease.
The volume of all stable coins is now $70.48 billion – 76.43 percent of the total crypto market 24-hour volume. Bitcoin’s price is currently $49,357.13 and its dominance is currently 43.74 percent, a decrease of 0.02 percent over the day.
Meanwhile, Cuba’s government said it would recognise and regulate cryptocurrencies for payments on the island.
A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba.
The popularity of such currencies has grown among a technologically savvy group in Cuba as it has become harder to use dollars, in part because of toughened embargo rules imposed under former president Donald Trump.
As off 7.37 am on August 29, these are the prices of 10 largest cryptocurrencies (data from https://coinmarketcap.com):
S. No. | Name | Price | 24h % | 7d % | Market Cap | Volume(24h) | Circulating Supply |
1 | Bitcoin BTC | $49,341.14 | 0.59% | 0.59% | $928,011,643,375 | $27,810,902,329 563,410 BTC | 18,800,231 BTC |
2 | Ethereum ETH | $3,273.91 | 0.65% | 0.81% | $383,505,324,454 | $13,536,292,219 4,140,151 ETH | 117,297,267 ETH |
3 | Cardano ADA | $2.84 | -0.53% | 11.87% | $91,572,401,650 | $5,232,338,943 1,836,747,250 ADA | 32,145,348,141 ADA |
4 | Binance Coin BNB | $493.70 | 0.88% | 8.90% | $82,825,306,317 | $1,738,130,912 3,528,441 BNB | 168,137,036 BNB |
5 | Tether USDT | $1.00 | 0.02% | -0.04% | $65,522,698,205 | $63,259,758,770 63,227,683,256 USDT | 65,489,475,281 USDT |
6 | XRP XRP | $1.16 | -1.45% | -6.03% | $54,099,532,998 | $3,596,361,305 3,092,073,430 XRP | 46,513,604,835 XRP |
7 | Dogecoin DOGE | $0.29 | -2.20% | -9.59% | $37,886,139,459 | $1,474,208,271 5,099,747,459 DOGE | 131,060,005,023 DOGE |
8 | Solana SOL | $95.80 | 9.64% | 28.07% | $27,659,862,024 | $2,578,071,398 27,117,889 SOL | 290,945,033 SOL |
9 | USD Coin USDC | $1.00 | 0.00% | -0.02% | $27,153,414,528 | $1,733,843,644 1,733,886,461 USDC | 27,154,085,079 USDC |
10 | Polkadot DOT | $26.34 | 0.29% | -6.76% | $25,970,692,324 | $1,108,211,428 42,141,606 DOT | 987,579,315 DOT |