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Bitcoin and all majortop cryptocurrencies were trading in red at3:45 pm on Saturday, June 12.In line with its recent trends,overall global crypto market was down by over 15 per centon the weekend, showedCoinSwitchKuber data.World number one cryptocurrency Bitcoin was down by 6% and was trading at Rs 27,28,815after hitting day's high of Rs 29,00,208.

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Ethereum, ranked at 2ndposition globally, was trading at Rs1,84,949, down 3.35%. It reached a day high of Rs 1,90,490 and slid up to Rs 1,75,060.

Ranked 3, Tether continued to trade in limited space and was marginally up by 0.05%. Market price of Tether was RS 77.4716.Meme coinsDogecoin, Shiba Inu were down over 5 % and 10%. Dogecoin was trading at Rs23.869532 andShibaInuat Rs 0.000462.Other coins like Polka Dot andBinanacecoin were trading down 9.94% and 6.79% respectively.Matic was also trading over 10 per cent lower on Saturday.

Meanwhile inthe latestnews related to cryptocurrency,China`s crackdown on cryptocurrencies spread to the country`s southwest with a campaign against misuse of electricity by bitcoin miners in Yunnan province, Reuters quoted local media reported saying this on Saturday.

Earlier, after it was widely reported that ED has served a showcause notice toWazirXand its directorsovercryptocurrency transactions worth Rs. 2,790.74 crore, India's largest cryptocurrency Exchange refuted any suchnotice. "WazirXis yet to receive any show cause notice from the Enforcement Directorate as mentioned in today's media reports.WazirXis in compliance with all applicable laws. We go beyond our legal obligations by following Know Your Customer (KYC) and should we receive a formal communication or notice from the ED, we'll fully cooperate in the investigation.Please note: Your funds are absolutely safe onWazirX,"tweeted the crypto exchange

In India, despite the Supreme Courtstruckingdown RBI 2018 circular that barred banks and financialinstitutions from engaging in crypto dealings,uncertaintyprevails as far as crypto trading in country is concerned.

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Cryptocurrency News Today June 12: Bitcoin, Dogecoin, Shiba Inu and other top coins prices and all latest u... - Zee Business