After remaining bearish for the past few weeks, cryptocurrencies are on the upswing with major coins having their best performance in the last 24 hours. Despite the initial market crash due to the escalation of the war in Ukraine, the global cryptocurrency market capitalization rose more than 10.92 percent to $1.90 trillion. After being bearish yesterday, Bitcoin jumped ahead with an 80% surge according to Crypto tracker analytical information. The most popular crypto is up 14.28 percent according to live data provided by CoinBase. While some of the lower performing coins have seen a slight drop in price.
Bitcoins are dominating the crypto market with an increase of 1.07 percent to 42.99 percent. BTC is currently trading at INR 33,76,106 with a market capitalization of INR 58.3 billion! Ethereum is trading at INR 2,28,209 with a market capitalization of INR 25.4 billion. Ethereum was up 9.31 percent.
Popular meme coins had a field day with Dogecoin seeing a 5.34 percent increase. Dogecoin is currently trading at INR 10.39 with a market capitalization of INR 1.3 trillion. Shibu Inu was up 7.40 percent, while Kishu Inu was up 9.34 percent.
Popular altcoins Solana surged 11.7% and Cardano followed 10.2% according to Coingecko. Solana's current market capitalization is INR 2.3 trillion. Solana's current price is INR 7615. Cardano is currently trading at INR 75.84 and has a market cap of INR 2.4 trillion.
SEE ALSO: $20 Million Worth of Crypto Donations Arrive in Ukraine
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