Cryptocurrencies; Bitcoin above USD44,000, Avalanche surges 12 pc
Cryptocurrencies; Bitcoin above USD44,000, Avalanche surges 12 pc
Share:

As prospects of easing in the war between Russia and Ukraine improved investor confidence, the crypto market continued to rise.

All of the biggest digital tokens were trading higher in early trade on Wednesday, with the exception of the dollar-pegged USD Coin. Avalanche and BNB each surged 11 percent, followed by Ethereum and BNB each rising 4 percent.

Ether, the cryptocurrency linked to the Ethereum blockchain and the second-largest cryptocurrency by market value, increased by almost 3 percent to USD3,144. Binance Coin, meanwhile, increased by roughly 4 percent to USD430. According to CoinGecko, the global cryptocurrency market capitalization stayed above USD2 trillion today, rising nearly 5 percent to USD2.08 trillion.

The price of Dogecoin was up 1 percent to USD0.15, while the price of Shiba Inu was up 1 percent to USD0.000031. Other coins' performance improved as well, with Avalanche rising over 12 percent to USD94 and Stellar, Solana, Cardano, Polygon, XRP, Polkadot, Terra, and Stellar all seeing gains in the last 24 hours.

Today's prices of petrol and diesel released, see the price of your city here

Post-Budget meeting Finance Minister addresses SEBI board

Rupee gains 29 paise against the dollar to close at 75.31.

Join NewsTrack Whatsapp group
Related News