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Cryptocurrency Prices Today June 25: Crypto market in green; Bitcoin rises over 2%, Ether biggest gainer

Major cryptocurrencies traded in the green early on June 25 as the global crypto market-cap rose 2 percent to $954.90 billion over the last 24 hours. The total crypto market volume rose 4.04 per cent to $64.51 billion during the period.

The total volume in DeFi stood at $6.97 billion, 10.81 per cent of the total crypto market’s 24-hour volume. The volume of all stable coins was $56.72 billion, 87.93 per cent of the crypto market’s 24-hour volume.

Bitcoin hovered around Rs 17 lakh, with a dominance of 42.52 percent. This was a 0.47 per cent decrease over the day, data from CoinMarketCap shows.

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In other news, the officers committee on GST has suggested the GST Council to defer a decision on taxability of cryptocurrency and other virtual digital assets.

Also Read: Officers committee suggests deferment of decision on levying GST on crypto

The Fitment Committee in its report to the GST Council has suggested that a law on regulation of cryptocurrency is awaited and it would be essential to identify all relevant supplies associated with the crypto-ecosystem, besides classification on whether they are goods or services.

At 9:30 am on June 25, these were the prices of the largest cryptocurrencies (data from WazirX):

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PRICE (INR)

24H %

Bitcoin

17,63,084

2.02%

Ethereum

1,00,979.7

6.57%

Tether

82.52

0.13%

Cardano

41.3816

1.77%

Binance Coin

19,588.07

2.79%

XRP

30.4600

0.18%

Polkadot

675

2.33%

Dogecoin

5.5900

3.75%

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