Crypto Update ; Bitcoin and Ether Prices Today, June 18, are Down More Than 2%. The cryptocurrency market is in the red.

Ethereum fell more than two percent to Rs 89,499 lakh, while bitcoin fell 2.2 percent to Rs 16,91,939 lakh.

On June 18, major cryptocurrencies were trading down as the market valuation of all cryptocurrencies fell by 1.59 percent to $886.55 billion during the previous 24 hours. During that time, the overall volume of the crypto market fell by 24.60 percent, to $57.13 billion.

DeFi's 24-hour volume was $4.28 billion, or 7.49 percent, of the overall volume of the cryptocurrency market. All stable coin volume was $51.18 billion, or 89.58 percent of the 24-hour volume of the cryptocurrency market.

With a 43.94 percent market share, Bitcoin was trading about Rs 16.91 lakh. According to data from CoinMarketCap, this represented a decline of 0.17 cents for the day.

According to pricing on cryptocurrency platform WazirX, ethereum plummeted more than 2% to hover around Rs 89,499 lakhs, and bitcoin, the biggest cryptocurrency in the world, too fell 2.2 % to Rs 16,91,939 crore.

A probe into whether cryptocurrency exchanges are doing enough to prevent insider trading has been begun by the US securities market watchdog.

According to the report, which cited an unnamed source with knowledge of the investigation, the Securities and Exchange Commission (SEC) has sent a communication to at least one cryptocurrency exchange seeking information on the procedures it followed to protect users from frauds like insider trading.

Following the collapse of the Terra LUNA token, in which investors lost almost $40 billion when its peg to the US dollar was broken, the SEC decided to look into cryptocurrency exchanges.

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