Crypto Price Today Live: Bitcoin holds $21,500; Ethereum & Solana jump up to 3%

economictimes.indiatimes.com:

After plunging late last week, bitcoin and ether traded sideways. Along with the cues from the US Fed, 'The Merge'' in Ethereum is much awaited by the crypto traders. Ethereum rose more than 3 per cent, whereas Solana gained 2 per cent. Polygon, BNB and Tron were marginally down. The global cryptocurrency market cap was trading at the $1.04 trillion mark, rising about 2 per cent in the last 24 hours. However, the total trading volume dropped more than 7 per cent close to $65.46 billion.

Did you Know?

Meta's digital wallet service Novi will no longer be available for use after September 1. The Facebook parent, which is shutting down its Novi pilot project less than a year after starting it, ‘strongly advised’ users to withdraw their money from Novi.

Expert TakeCommenting on RBI Governor's remarks on crypto, Edul Patel, CEO and co-founder of Mudrex said RBI's stance on cryptocurrencies has always been a little rigid since 2018. But cryptos are capable of creating a more transparent environment for making transactions using blockchain, he said. «It can help small investors to make transactions with lower fees in a secured manner. Cryptocurrencies can aid in diversifying portfolios from traditional assets. They can also hedge against inflation in times of financial crisis,» he added.Tech View by Giottus Crypto PlatformETC is the native token of Ethereum Classic, Ethereum’s hard fork, which uses smart contracts to host and support decentralized applications on its network. ETC is currently trading at $36.2, up by 8% in the last 24 hours. Ethereum’s upcoming Merge seems to have rekindled the interest in ETC as an alternative for miners. After successfully breaking above the downward trendline