Major cryptocurrencies traded in the green early on August 4 as the global crypto market cap rose by 2.12 per cent to $1.08 trillion over the last day. On the other hand, the total crypto market volume declined 14.27 per cent to $66.09 billion over the last 24 hours.
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The total volume in DeFi stood at $6.02 billion, 9.12 per cent of the total crypto market 24-hour volume. The volume of all stable coins was $60.54 billion, which is 91.60 per cent of the total crypto market 24-hour volume.
The price of Bitcoin hovered around Rs 19.18 lakh, with a dominance of 41.04 per cent. This was a 0.23 per cent decrease over the day, according to data from CoinMarketCap.
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In other news, following a major hack in Solana-based wallets in the early hours of August 3, Indian cryptocurrency exchanges said it’s unlikely to impact all Indian Solana traders unless they were using one of the impacted wallets.
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Nearly 8,000 wallets were hacked and investors stand to lose over $7 million across Solana-based wallets including Phantom, Slope, and TrustWallet. Several Solana-based tokens like SOL, SPL, and others were stolen.
