Cryptocurrency Prices Today August 30: As the market valuation of all cryptocurrencies rose by 3.53 percent to USD 978.66 billion over the previous day, major cryptocurrencies were trading in the negative early on August 30. Over the past 24 hours, the entire volume of the crypto market surged by 22.14 percent, reaching USD 65.02 billion.

DeFi's 24-hour volume was USD 4.68 billion, or 7.19 percent, of the overall volume of the cryptocurrency market. All stablecoins combined had a volume of USD 59.35 billion, or 91.27 percent of the 24-hour volume of the whole crypto market.

Bitcoin was trading around Rs 16 lakh. According to CoinMarketCap, its market share is currently 39.41%, a drop of 0.33 percent from the previous day.

The purchase of citizenship, "e-residency," and land using a cryptocurrency that the government launched last month was, however, deemed unconstitutional by the Central African Republic's top court on Monday.
Despite a recent significant decline in Bitcoin values and concerns about the project's feasibility in a poorly connected and war-torn nation, the "Sango Coin" went on sale on July 21. 

The cryptocurrency market is still struggling as a result of rising inflation and the geopolitical crises in Russia and Ukraine. While this is happening, lower Bitcoin prices and greater energy costs are reducing the profit margins for miners, which is why they are selling off significant amounts of their holdings in an effort to reduce their exposure to the industry's ongoing volatility.

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