Top cryptocurrency prices today: Bitcoin, Ether, Terra, Shiba Inu drop up to 2%

economictimes.indiatimes.com:

Crypto tokens have been tumbling for five consecutive days. Alogrand rallied a day after announcing that it would become the official blockchain platform of FIFA, soccer's world governing body. All major crypto tokens were trading lower on Wednesday. Ethereum, Terra, Avalanche, BNB, Solana, XRP dropped 2 per cent each, followed by a per cent fall in Bitcoin, Dogecoin and Cardano.

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The global cryptocurrency market cap was trading lower at $1.72 trillion mark, declining more than a per cent in the last 24 hours. However, the total cryptocurrency trading volume dropped over 16 per cent to $71.95 billion.What's cooking in India?India will provide a specific exclusion for e-vouchers, points earned on cards on shopping and payments, and other such digital reward assets from the proposed tax on virtual digital assets (VDAs). In other news, Andreessen Horowitz (a16z), one of the dominant forces in the venture capital industry, is planning to invest $500 million in India's growing startup ecosystem, according to a report from TechCrunch.Expert's take«In the recent update of Banco Galicia’s app, users now have an option under ‘investing’ to buy and sell BTC, ETH, USDC, and XRP,» said WazirX Trade Desk. It seems that to make this feature available Banco Galicia partnered with Lirium, which is a Liechtenstein-based crypto and digital wallet service, it added. «Argentina's government can be called the trendsetter of crypto adopters as they are one of the leading promoters of the crypto space.»Global updatesRiot Blockchain (RIOT), one of the world's largest publicly