Cryptocurrency tokens were flying high on Tuesday despite ongoing tensions between Russia and Ukraine, with bitcoin leading the gainers. Russia and Ukraine delegations adjourned their initial peace talks on the Belarus border without resolution to report back to their governments as European and U.S. sanctions began to bite into the Russian economy. All of the top digital tokens were trading higher. Terra rose 24 per cent to become the seventh most valued token, followed by a 19 per cent rise in Avalanche. Bitcoin rose 15 per cent, whereas Shiba Inu gained 10 per cent.
Presented ByDid you Know?
You can earn interest like bank savings account on your Bitcoin wallet
View Details »The global cryptocurrency market cap today hit the $1.9 trillion mark, after rising about 12 per cent in the last 24 hours. Total cryptocurrency trading volume jumped 34 per cent to $109.19 billion.What's cooking in IndiaHomegrown IT major Tech Mahindra announced the launch of TechMVerse, its Metaverse practice to deliver interactive and immersive experiences in the Metaverse for its customers.Global updates
Crypto funds saw net inflows last week, but there were stark regional differences during a volatile period in digital-asset markets as Russia invaded Ukraine. Digital-asset investment funds saw $59 million of outflows in Europe, though their counterparts in the Americas netted inflows of $95 million during the week through February 25, a report from the digital-asset manager CoinShares showed. The Ukrainian government is purchasing critical supplies, including gas, food and military equipment, using cryptocurrencies donated as the country stands against a Russian invasion. Around $10 million has already been spent.Expert takeThe crypto market
Read more on economictimes.indiatimes.com