Cryptocurrency prices continue to be in the red on July 13. The global cryptocurrency market cap is $1.37 trillion, a 3.05 percent decrease over the last day, while the total crypto market volume over the last 24 hours is $62.75 billion, which makes an 18.86 percent increase.
The volume of all stable coins is now $47.54 billion – 75.76 percent of the total crypto market 24-hour volume. Bitcoin’s price is currently $34,150.06 and its dominance is currently 45.45 percent, an increase of 0.09 percent over the day.
This comes after trading volumes at major cryptocurrency exchanges fell by more than 40 percent in June, research showed on July 12, with a regulatory crackdown in China and lower volatility among the factors depressing activity.
Spot trading volumes fell 42.7 percent to $2.7 trillion, with derivative volumes down 40.7 percent to $3.2 trillion, London-based researcher Crypto Compare’s data showed.
“Headwinds continued as China persisted with its crackdown on bitcoin mining,” Crypto Compare said. “As a result of both lower prices and volatility, spot volumes decreased. “As off 7.31 am on July 13, these are the prices of 10 largest cryptocurrencies.