On May 13, just a few cryptocurrencies traded in the red, while others showed indications of recovery. The worldwide cryptocurrency market capitalization is now USD1.27 trillion, up 2.36 percent from the previous day. The overall crypto market volume increased by 869.28 percent in the last 24 hours to USD2.12 trillion.
The overall volume in DeFi is currently USD1.94 trillion, accounting for 91.89 percent of the total 24-hour volume in the crypto market. The overall volume of all stable coins is currently USD2.10 trillion, accounting for 99.09 percent of the total 24-hour volume of the crypto market.
Bitcoin’s price is currently USD29,979.68, with a 44.81 percent market share. According to CoinMarketCap data, this represents a 0.74 percent increase over the previous day.
In other news, a senior regulatory official has stated that global market regulators are expected to establish a single agency within the next year to better coordinate cryptocurrency rules.
Binance, the largest crypto exchange by market cap, has delisted the USDLUNA coin in the wake of the Terra Luna crisis. The cryptocurrency lost over 99% of its value. Crypto.com has also temporarily halted USDLUNA trading and withdrawals. The exchange had done the same a few hours before rescinding the suspension.