Top cryptocurrency prices today: Bitcoin, Ethereum, BNB, Shiba Inu drop up to 6%
Barring the dollar-pegged Tether and Avalanche, all of the top digital tokens were trading lower on Friday. Bitcoin and BNB fell 6 per cent each, followed by a 5 per cent fall in Ethereum, Shiba Inu and Cardano each.
India, one of the world’s biggest crypto markets by trading volume and users, has seen an exodus of funds from foreign investors.
New Delhi: Crypto markets could not hold gains on Friday as Ukraine and Russia crisis along with the inflationary concerns hurt the sentiments.
The euphoria of Biden's signature over the executive order fizzled after inflation in the world's largest economy shot up to new four decade highs.
Barring the dollar-pegged Tether and Avalanche, all of the top digital tokens were trading lower on Friday. Bitcoin and BNB fell 6 per cent each, followed by a 5 per cent fall in Ethereum.
The global cryptocurrency market cap today tumbled down to $1.72 trillion, shedding almost 5 per cent in the last 24 hours. Total cryptocurrency trading volume dropped as much as 9 per cent to $88.94 billion. Read More...