Top cryptocurrency prices today: Bitcoin, Solana, Ethereum, Avalanche shed up to 4%
Solana tanked 4 per cent, followed by 3 per cent fall in Bitcoin, Ethereum, BNB, Dogecoin, Luna and Avalanche. The global cryptocurrency market cap was trading almost lower at $1.88 trillion mark, with marginal gains in the last 24 hours. However, the total cryptocurrency trading volume zoomed about 18 per cent to $106.72 billion.What's cooking in India?Bharti Airtel chairman Sunil Mittal has backed FM Nirmala Sitharaman’s recent call for governments worldwide to evolve a suitable global regulatory regime to track new age cryptocurrencies which can pose serious problems.
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View Details »The telecom billionaire added that India is amongst the most important nations in a deeply-divided world as it has consistently valued its democratic system. The Indian crypto industry is facing yet another challenge as many Indian banks and payment service providers have halted their services to crypto exchanges. Users have been unable to make fiat deposits to their crypto exchange wallets.Expert's take«The strict monetary policy has been hitting speculative assets such as stocks and cryptocurrencies harder this year,» said Edul Patel, CEO and Co-founder of Mudrex. «However, indicators remain bullish for a short period.» While on the other hand, Decred is up by nearly 14 per cent outperforming the market. There is no clear catalyst behind the DCR's rally with the broader market being down, he added. The hawkish commentary from Fed's boss Jerome Powell is weighing the crypto market. The US central bank is expected to be proactively aggressive to tackle the
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