Crypto Price Today: Bitcoin holds above $29,300; Tron, Shiba Inu fall up to 4%

economictimes.indiatimes.com:

cryptocurrency markets were trading mixed in Monday's trade. Bitcoin and BNB were trading with gains, while Ethereum, Tron, Dogecoin, and Polkadot were trading with cuts. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.19 trillion, rising 0.04% in the last 24 hours. «After an eventful weekend, Bitcoin’s value slightly rose to the $29461 level. Bitcoin continues to trade in a range between $29000 and $29500 as it has over the last week,» Edul Patel, Co-founder and CEO at Mudrex, said. «The market seems to have digested the news about Curve Finance being the victim of an exploit. Curve’s CRV token price fell by over 15.87% over the last 24 hours. Ethereum successfully breached the threshold level of $1850 and is now trading at around $1871,» Edul added.

Did you Know?

SAP has launched a new enterprise on the Metaverse with the aim of accelerating cloud adoption among Indian firms. The interactive and immersive ‘cloud on wheels’ platform will enable customers to experience the full range of SAP’s offerings and reimagine processes for improved business outcomes.

The total volume in DeFi is currently $2.55 billion, 9.50% of the total crypto market 24-hour volume. The volume of all stablecoins is now $23.54 billion, which is 87.65% of the total crypto market 24-hour volume. The market cap of Bitcoin, the world's largest cryptocurrency, was around $571 billion. Bitcoin's dominance is currently 48.23%, an increase of 0.19% over the day, according to CoinMarketCap. BTC volume stood at approximately $10.60 billion, rising 75.44% in the last 24 hours. «Bitcoin, after making the recent high of $31,804 witnessed some profit booking and the prices dropped to $28,861.9. Post this move, the asset