Top cryptocurrency prices today: Bitcoin holds above $35,000; altcoins show strength

economictimes.indiatimes.com:

crypto cart scripted a small comeback ahead of the two-day Federal Reserve meeting that begins on Tuesday. Barring Solana, all other nine out of top-10 digital tokens were trading higher during early trade on Monday. Solana has lost about 65 per cent of its value in the recent selloff. The trading volumes remained light with many investors continuing to assess troubling economic conditions and a pronounced decline in equity markets.

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The global crypto market cap added over a per cent to $1.63 trillion. However, the total crypto market volume dropped about 36 per cent to $83.93 billion. Crypto traders, apparently, are pricing in fears that the Fed will move quickly over the next few months to tighten monetary conditions that have been at historically loose levels since the coronavirus struck the economy in March 2020.Expert Take Bitcoin, the king of the cryptocurrency industry, has taken a tumble recently but it is too early to say that the crypto market is dead, said WazirX Trade Desk. «It is safe to say that the likelihood of a cryptocurrency dying is unlikely. When the fundamentals are holding or getting better while the price is falling, one can say that it is an opportunity instead of a threat,» it added.Global updatesAfter several users complained about issues with logging back to their accounts on Crypto.com after the platform was hit by a $34 million hack, its CEO Kris Marszalek has been forced to respond on social media how best they can get back their accounts. The second-largest blockchain network by market capitalization after