Top cryptocurrency prices today: Bitcoin, Ether, Terra, Shiba Inu drop up to 3%
This cautiousness comes as the US central bank eyes a half-point interest rate hike on Wednesday. Barring the dollar-pegged USD Coin, Terra and Avalanche, all other crypto tokens were trading lower. Shiba Inu tumbled about 3 per cent, followed by a two per cent fall in Solana and Bitcoin each.
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View Details »The global cryptocurrency market cap was trading marginally lower at $1.74 trillion, declining about a per cent in the last 24 hours. However, the total cryptocurrency trading volume dropped about 7 per cent to 85.25 billion.Expert take Jennifer Lu, co-founder of Coinstore, said that most of the crypto assets traded lower with Bitcoin and Ether showing marginal fluctuations. Crypto markets witnessed a downward push over the weekend but many assets have covered their losses. «Investors are looking at the FOMC meeting which is scheduled to be held on Wednesday; the results of the meeting around monetary policies from the U.S Federal Reserve will determine the trend in the traditional and crypto markets globally,» he added.Global updates
Revisions to Crypto.com’s card and staking rewards sent CRO token prices tumbling as much as 11% as the community expressed dismay over the changes that go into effect after June 1. ApeCoin (APE) prices slid as much as 11% on Monday in an otherwise flat crypto market after a much-awaited non-fungible token (NFT) project was sold for APE over the weekend. Solana stakeholders rushed to right the network Saturday night after what one insider called an “insane amount of data” flooded the proof-of-stake chain, knocking validators out of Read more on economictimes.indiatimes.com
