By Administrator_India Capital Sands Oil prices fell on Monday on worries over China’s economy after a survey showed factory activity growing at its slowest pace in 17 months in the world’s second-largest oil consumer, concern compounded by a rise in oil output from OPEC producers. Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT while U.S. West Texas Intermediate (WTI) crude futures dropped 69 cents, or 0.9%, to…
Cryptocurrency prices continued to be a mix of red and green on July 8. The global cryptocurrency market cap is $1.42 trillion, a 1.83 percent decrease over the last day, while the total crypto market volume over the last 24 hours is $76.92 billion, which makes a 0.71 increase.
The volume of all stable coins is now $58.82 billion – 76.47 percent of the total crypto market 24-hour volume. Bitcoin’s price is currently $34,611.70 and its dominance is currently 44.05 percent, a decrease of 0.28 percent over the day.
This comes after more than $1 billion worth of cryptocurrency was spent by consumers globally on goods and services via crypto-linked cards in the first six months of 2021, says payments company Visa.
According to the firm’s estimates, only a fraction of this amount was done in the same periods last year and in 2019. Visa did not release any figures.
“We are doing a lot to create an ecosystem that makes cryptocurrency more usable and more like any other currency,” Visa CFO Vasant Prabhu’s told CNBC on July 7.