Cryptocurrency Prices Today: Markets surge as Bitcoin, Ethereum, DOGE in green

The global cryptocurrency market capitalisation rose 5.28 percent over the last 24 hours to $2.01 trillion while the trading volumes were up 51.50 percent to $95.02 billion

While  DeFi accounted for 12.64 percent of the 24-hour cryptocurrency trading volume at $12.01 billion, stablecoin was at 78.54 percent at $74.63 billion.

Bitcoin's market dominance fell by 0.04 percent to 41.42 percent and the currency was trading at $43,923.06 on the morning of February 8.

In rupee terms, Bitcoin rose 4.99 percent to trade at Rs 34,63,627, while Ethereum rose 4.71 percent to Rs 2,47,353.5

Other cryptos like Cardano rose 9.56 percent to Rs 97.77 and Avalanche rose 5.06 percent to Rs 6,518.7.

Polkadot gained 4.03 percent to Rs 1,768.09 and Litecoin was up 10 percent to Rs 10,800.1 in the last 24 hours. Tether rose 0.43 percent to Rs 78.6

Memecoin SHIB rose 12.75 percent, while Dogecoin increased 5.43 percent to trade at Rs 12.86. Terra (LUNA) rose by 8.25 percent to Rs 4,675.15