Top cryptocurrency prices today: Avalanche, Terra, Solana, XRP drop up to 8%

economictimes.indiatimes.com:

Barring the US-dollar pegged stablecoin, all other major crypto exchanges were trading with cuts during early hours. Avalanche tanked 8 per cent, whereas Solana, Cardano and XRP tanked 4 per cent each. The global cryptocurrency market cap dwindled to $1.93 trillion mark, dropping as much as 3 per cent in the last 24 hours. However, total cryptocurrency trading volume increased more than 15 per cent to $63.92 billion.

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DeFi is enabling developers to create new financial products like decentralised banking, decentralised money markets and decentralised asset management firms

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