Seven out of the top-10 cryptocurrencies were trading higher at 9.30 am. Only Polkadot, Cardano and Solana were trading lower.
The global crypto market cap added more than a per cent, to reach $2.85 trillion, compared with the previous day. However, the crypto market volume tanked about 29 per cent to $125.67 billion.
Through a week of highs and lows, questions on Bitcoin’s volatility and threats of the bubble bursting have re-emerged, threatening the growing credibility of the digital asset industry, said the CoinDCX Research Team. «As global powerhouses like the US continue to embrace digital assets — with their upcoming 'demystifying crypto' committee hearing at Congress next week — the crypto economy will likely continue to strengthen
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