Crypto Price Today: Bitcoin breaches $20K; XRP, Polygon & Polkadot gain up to 4%

economictimes.indiatimes.com:

Bitcoin, somehow, managed to hold above $19,000 levels, whereas Ethereum slipped below $1,300. Both monetary hawkishness and recession fears are likely to hurt riskier assets including cryptos. Even the analysts are not expecting any good news coming for the cryptos. Barring the US dollar-pegged stablecoins, all the crypto tokens were trading sharply loweron Tuesday. Shiba Inu was down over 8 per cent, whereas XRP and Cardano tanked 7 per cent each. Dogecoin lost 6 per cent during the early hours in Asia. The global cryptocurrency market cap was trading lower at $918.56 billion, plunging almost 3 per cent in the last 24 hours. However, the total trading volume surged as much as 65 per cent to $54.92 billion.

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