Cryptocurrencies traded in mixed early today on April 5, 2023. The global crypto market capitalization is USD 1.20 trillion, a 2.88 percent increase over the last day. The overall volume of the cryptocurrency market over the previous 24 hours was USD 45.04 billion, a decline of 6.88 percent.
DeFi presently accounts for USD 4.79 billion, or 10.63 percent, of the 24-hour volume of the whole crypto market. All stable coin volume is currently USD 39.50 billion, or 87.69% of the 24-hour volume of the whole crypto market. Currently, Bitcoin costs Rs 24.24 lakh and has a 45.89 percent market share. According to information from CoinMarketCap, this represented a daily decline of 0.16 percent.
As per reports, over the past two weeks, a regulatory crackdown has caused Binance to lose 16% of its market share globally. As the company discontinued its zero-fee trading offer and the Commodities Futures Trading Commission filed a lawsuit, trade volume decreased (CFTC).
Importantly, despite the fall, Binance still has a 54 percent market share, making it the biggest exchange worldwide. Meanwhile, according to data from CryptoSlam, Donald Trump's non-fungible token (NFT) collection has had a 133 percent sales increase just an hour before the former US President is scheduled to be arraigned in Manhattan.
In the previous day, the digital cards with Trump's likeness were valued around USD 37,000. Trump's 45,000-item NFT collection, which generated USD 3.53 million in sales two months ago in December, sold out within hours and is a good example of how recent price increases are quite minor.
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