Shiba Inu and Solana, seven out of the top 10 cryptocurrencies were trading lower at 9.30 hours IST. Shiba Inu soared 12 per cent, whereas Solana jumped 5 per cent. Ethereum shed 4 per cent. The global crypto market cap eased about a couple of percentage points, slipping below the $2.59 trillion mark compared to the last day. However, the total crypto market volume declined more than 10 per cent to $131.44 billion. Ether, the second-largest cryptocurrency, soared to a record above $4,400 Friday on bullish sentiment surrounding the most used blockchain network. However, it gave up some gains on the weekend.
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In September, 2021 El Salvador became the first country in the world to make Bitcoin a legal tender
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