Prices of cryptocurrencies on August 22

22 Aug 2022 , 09:17 AM

Early on August 22, major cryptocurrencies saw gains as the market cap of all cryptocurrencies grew by 1.05 %, to $1.02 trillion, from the previous day. On the other hand, over the past day, the total volume of the cryptocurrency market fell by 19.18 % to $58.82 billion.

DeFi’s 24-hour volume was $4.50 billion, or 7.66 %, of the overall volume of the cryptocurrency market. All stable coin volume was $56.17 billion, or 95.50 % of the 24-hour volume of the whole crypto market.

Bitcoin was trading at about Rs 18 lakh. According to CoinMarketCap, its market share was 40.10 %, down 0.06 % from the previous day. In related news, a study by cryptocurrency intelligence platform Blockdata found that the three largest publicly traded companies to invest in blockchain and cryptocurrency companies between September 2021 and June 2022 are the investment management company BlackRock, the electronics giant Samsung, and the technology behemoth Alphabet.

According to data provided by Blockdata, 40 significant organizations made investments in businesses involved in the blockchain and cryptocurrency sectors during that time. The most frequent investor was Samsung with 13, followed by UOB with 7, Citigroup with 6, and Goldman Sachs with 5.