Crypto Price Today Live: Bitcoin, Ethereum, Avalanche & Polygon jump up to 15%

economictimes.indiatimes.com:

Bitcoin holding above the $22,000 mark. Ethereum held above $1,500 levels. Market experts, however, believe it is very early to conclude that the worst is over for the crypto markets. Barring the dollar-pegged USD Coin and Tron, all other crypto tokens were trading higher on Tuesday. Polygon zoomed more than 15 per cent, whereas Ethereum jumped 9 per cent. Avalanche gains about 8 per cent.

Did you Know?

The Shiba Inu team launched a burn portal to help address the issue of the massive supply of SHIB tokens As of June 29, 2022, more than 400 trillion tokens have been burned to cap supply

The global cryptocurrency market cap was trading higher at the $1.02 trillion mark, rising about 3 per cent in the last 24 hours. Total cryptocurrency trading volume rose close to 65 per cent to $109.40 billion. What's cooking in India Indian Finance Minister Nirmala Sitharaman reiterated the stance of India's central bank, the Reserve Bank of India, to ban cryptocurrencies but said that no legislation is possible without significant international collaboration.Expert takeEdul Patel, CEO and co-founder, Mudrex said Bitcoin and Ethereum were firm as investors returned to the market and started pushing the cryptos up. «If the prices can hold at those levels, we may see a further upward move.» The second largest crypto, Ethereum, outperformed the crypto market as market participants are keen on the Merge, he added. «If bulls can sustain the momentum, Ethereum could reach the $2,000 mark.»Global updates