After the crash of Terra Luna, the markets ofcryptocurrencies are witnessing a recovery. The global market cap has increased by 2.07 per cent in the last 24 hours and is now $1.29 trillion as of 8: 00 AM IST, according to CoinMarketCap data.
The price of the digital currency is up by 2.29 per cent and is trading at $30,115. The price of ether rose by 2.54 per cent and is trading at $2,022.
The USDT Tether has shown an upward trend of 0.03 in the last 24 hours and is trading at $0.9991. TheUSDC stable coin has shown a 0.01 per cent downtrend in its value and is trading at $1.
The BNB token has gone up by 1.42 per cent.
The XRP Ripple token has gone up 1.41 per cent from its value in the last 24 hours.
The BinanceUSD stablecoin is trading at $1 and is down 0.07 per cent.
Doge, the popular meme coin, is up 1.34 per cent and is at the top of the tenth most valuable token.
Over the weekend, a committee was created focused on the metaverse.
The WSJ says that there is a problem with insider trading. The CEO of Binance has denied the claims of the WSJ.