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Cryptocurrencies traded mixed early on August 3 with the global crypto market cap rising marginally by 0.03 percent to $1.06 trillion over the last day. On the other hand, the total crypto market volume declined 5.05 percent to $77.33 billion over the last 24 hours.
The total volume in DeFi stood at $7.35 billion, 9.51 percent of the total crypto market 24-hour volume. The volume of all stable coins was at $71.90 billion, which is 92.98 percent of the total crypto market 24-hour volume.
The price of Bitcoin hovered around Rs 19.16 lakh, with a dominance of 41.25 percent. This was a 0.23 percent decrease over the day, according to data from CoinMarketCap.
In a major hack involving a cryptocurrency project, impersonators on August 2 drained the cross-chain bridge Nomad of about $191 million, nearly emptying it of funds. The cross-chain bridge allows transfers between Avalanche (AVAX), Ethereum (ETH), Evmos (EVMOS), Milkomeda C1 and Moonbeam (GLMR).
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