Fall in bond yields, recovery in equity markets and signals of waning inflation sent the crypto markets higher. However, the tokens did not go soaring as fears over the worst are not yet over. All the top crypto tokens were trading higher on Tuesday. Polygon rallied over 5 per cent, whereas Avalanche and Ethereum jumped about 3 per cent each. Bitcoin, Solana and Polkadot were up by 2 per cent each. The global cryptocurrency market cap was trading quite higher at $941.55 billion, rising as much as 2 per cent in the last 24 hours. However, the total trading volume jumped more than 14 per cent to $51.89 billion.
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View Details »What's cooking in India Months after withholding withdrawals of digital assets in its staking programme, CryptoBiz has resumed the same in its popular staking programme. The halt was incurred due to certain compliance and operational issues owing to which the company had to stop all its withdrawals and deposits in Indian currency. Government agencies were investigating the matters with CryptoBiz.Expert take Bitcoin and Ethereum rose in line with equities as market participants opened their risk appetite to start a new quarter, said Edul Patel, CEO and co-founder of Mudrex. Etheruem has slowed down a bit with several factors affecting the market. «The volatility has broadly increased in recent weeks as the market participants reacted to the rising inflation and fluctuations in the US dollar,» he
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