Top cryptocurrency prices today: Bitcoin, Ethereum, Terra, Shiba Inu gain up to 10%

economictimes.indiatimes.com:

Bitcoin rising for the seventh consecutive day, hitting a fresh three-month high. The rise in trading volumes boosted the morale of the investors. Furthermore, lack of negative news flow and possible peace talks between Russia and Ukraine also supported the market mood. Barring the largest meme token Dogecoin, all of the top digital tokens were trading higher. Terra zoomed about 10 per cent, followed by a 2 per cent rise in Ethereum and Solana each. Dogecoin dropped 4 per cent.

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The global cryptocurrency market cap advanced to the $2.14 trillion mark, gaining more than a per cent in the last 24 hours. Total cryptocurrency trading volume rallied over 33 per cent to $122.14 billion.What's cooking in IndiaIndia’s tax authority has seized Rs 95.86 crore from 11 crypto exchanges on allegations of tax evasion, CoinDesk reported. The tax authority said in a statement the case was part of a special anti-tax evasion drive.Expert TakeBitcoin hovered above the $47,000 level, continuing the winning streak for another consecutive day. The momentum signals a positive upward trend as buyers have actively traded over the weekend, breaking the three-month-long downward trend, said Edul Patel, CEO and Co-founder of Mudrex. Most altcoins have witnessed decent growth, while Waves has risen 49%, outperforming major cryptos, he added. Bitcoin and major altcoins have been able to hold their gains despite the geopolitical worries as the regulatory proceedings are supporting the sentiments, which are overall improving, said Kunal Jagdale, Founder, BitsAir Exchange. «Some market metrics are