Major cryptocurrencies were trading mixed on Wednesday as investors took some money off the table. Most of the meme tokens gained, led by Dogecoin. The crypto regained the spot of sixth-largest digital coin, thanks to a 15 per cent rally. Bitcoin and Ethereum remained tepid.
Volatility of crypto markets has decreased recently, but analysts anticipate the prices to remain rangebound in the next few sessions. Long-term investors are buying the leading token and several altcoins are at low ..
At the domestic front, top banks were still reluctant to let cryptocurrency exchanges and traders open accounts, despite the Reserve Bank of India clearing the air that payment services cannot be denied on the basis of an earlier regulatory ban. Several banks have told customers to refrain from using bank accounts to buy cryptos.
Leading institutions such as SBI, HDFC Bank, Axis Bank and ICICI Bank have told various crypto exchanges that services related to crypto trades are unlikely to ..
Crypto prices as of 09.30 hours IST (Source: coinmarketcap.com)
Bitcoin: $36,571.43, down 0.22%
Ethereum: $2,629.98, down 0.15%
Tether: $1.00, down 0.04%
Cardano: $1.76, up 3.41%
Binance Coin: $359.49, up 4.32%
Dogecoin: $0.3773, up 15.37%
XRP: $1.01, down 2.11%
USD Coin: $1, down 0.02%
Polkado:$23.71, up 5.36%
Uniswap:$27.13, down 1.12%
Surjitt Sahani
