cryptocurrencies continued to fall on Monday thanks to inflationary worries, triggered by the Russia-Ukraine war. The pain in altcoins was even more severe. The decline began as bad news throughout last week quashed even the faintest hopes of a resolution. Russian forces pounded other major Ukrainian cities with artillery and rocket fire. All of the top digital tokens were bleeding, with Terra down more than 10 per cent, followed by an 8 per cent fall in Solana and Avalanche each. Cardano, XRP and Ethereum shed up to 6 per cent.
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View Details »The global cryptocurrency market cap today declined to $1.71 trillion, dropping more than 4 per cent in the last 24 hours. Total cryptocurrency trading volume jumped more than 25 per cent to $67.11 billion.What's cooking in IndiaCome April, the crypto crowd in India will be caught in a 'valuation' conundrum as they receive 'airdropped' coins and swap one crypto for another.Expert TakeGrayscale is one of the largest digital asset managers in the cryptocurrency space. It has multiple cryptocurrency-related trusts, right from Bitcoin to an altcoin such as Livepeer. The Bitcoin Trust has about $25 billion under Grayscale's belt and the fund alone is an important indicator when it comes to institutional investors’ interest in the digital assets space, said WazirX Trade Desk. «The interest has increased as approximately $140 million poured into GBTC (Grayscale Bitcoin Trust) at the end of February. The above statement has more significance as the markets are paralyzed with fear,» it added. The spike in institutional interest, when the current fear and greed index is at 'extreme fear' is a
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