Top cryptocurrency prices today: Bitcoin, Ethereum, Solana, Avalanche gain up to 5%

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24 May 2022
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The global cryptocurrency market cap was trading higher at the $1.29 trillion mark, jumping more than 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume rallied more than 28 per cent to $62.13 billion.

New Delhi: After a thin trading session over the weekend, major crypto tokens were back in the green on Monday but gains were limited.

Despite the recovery, major crypto tokens failed to break past the key psychological levels. The crypto market is still in the bear phase, with no end in sight, said experts.

All the tokens were trading with decent gains. Avalanche surged 5 per cent, whereas Solana rallied 4 per cent. Ethereum and Bitcoin gained 3 per cent and 2 per cent, respective
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The Chinese govt had banned all crypto operations in China in mid of 2021. This resulted in a 50 per cent drop in hash rate, which led to miners migrating to different countries such as Kazakhstan and US, said WazirX Trade Desk.

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