New Delhi: Crypto market took a breather after the selloff over the weekend. Investors continued to digest the renewed hawkish commentary from the US Fed over inflation worries.
Bitcoin was able to hold the $21,000 mark, to which it plunged after disappointing inflation numbers in Europe.
Top crypto tokens were trading higher on Monday. BNB rose more than 5 per cent, whereas Solana, Shiba Inu and Polygon gained 3 per cent each. Dogecoin was the only altcoin in red.
The global cryptocurrency market cap was trading marginally higher at the $1.02 trillion mark, rising more than a per cent in the last 24 hours. However, the total trading volume tumbled over 18 per cent, close to $59.37 billion.
Did you Know?
Meta's digital wallet service Novi will no longer be available for use after September 1. The Facebook parent, which is shutting down its Novi pilot project less than a year after starting it, ‘strongly advised’ users to withdraw their money from Novi.
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