Crypto Price Today: Bitcoin, Ethereum, Shiba Inu and Dogecoin zoom up to 13%

economictimes.indiatimes.com:

Bitcoin breached $20,000 level whereas Ethereum held above $1,000. The major cryptos have wiped off the gains they incurred in the last five years. Barring the stablecoins, all of the crypto tokens were trading with gains on Monday. Dogecoin zoomed about 13 per cent, whereas Ethereum was trading 12 per cent up. Bitcoin, Solana, Avavalance and Shiba Inu gained 6-8 per cent each.

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The global cryptocurrency market cap moved up to the $885.71 billion mark, rising more than 7 per cent in the last 24 hours. However, the total cryptocurrency trading volume plunged about 11 per cent to $79.09 billion.What's cooking in IndiaIndian crypto investors continued to be under stress, anticipating that the worst may not be over for the crypto market, which recorded one of the worst crashes in the history of digital assets in the past week and wiped off a few hundred crores from the Indian crypto market.Expert TakePrices of major cryptocurrencies picked up slightly over the weekend following a week of uncertainty, said CoinDCX Research Team. «Analysts have pointed out that there are catalysts in the near future that will help stabilise crypto prices.» Despite market turmoil, a recent Bank of America survey of more than 1,000 digital asset users indicated that investors are still optimistic about the future of crypto, with 91 per cent of those surveyed saying they will continue buying crypto in the next six months, it added.Global Updates