On Tuesday, the value of major cryptocurrencies traded high with the global crypto market witnessed an advance of 1.36 percent to settle at $1.13 trillion.
Crypto price in India on February 21
Major cryptocurrencies on Tuesday noted gains. Bitcoin, the largest cryptocurrency by market value, is up 2 percent in the past 24 hours to trade at $24,923.42. At the time of writing (0930 IST), the value of Ethereum had risen 1.09 percent to currently trade at $1,703.47.
The value of XRP and Solana marked gains of 1.77 percent and 0.19 percent, respectively. The Toncoin price saw a growth of 0.35 percent, followed by a rise in Cosmos of 1.86 percent. Avalanche's value rose 3.73 percent, along with a marked drop on Chainlink of 0.47 percent. However, other major crypto tokens like Litecoin and Polkadot fell 2 percent and 0.90 percent, respectively.
On Feb. 21, the global crypto market capitalization rose 1.36% to $1.13 trillion in the last 24 hours. By contrast, the total volume of the crypto market stood at $62.34 billion, having experienced a 0.21% drop over the past day.
Winners and decliners of the day
According to CoinMarketCap, the top gainers were Conflux, Neo, Klaytn, and Huobi Token. By contrast, the main losers were Monero, Rocket Pool, Filecoin, and Blur.
โI would say that you will most likely see this year as a recovery year, where you spend about half the time going up and half the time going down. You can break it down into different months, so you know 2018, 2014, 2022, we had like eight or nine red months, but in the recovery years, it kind of splits half and half," said Benjamin Cowen, founder and CEO of Into. The Cryptoverse.
meme coins note profit
On Tuesday, the value of meme coins continued to be profitable. Shiba Inu traded up 0.35 percent at $0.000014. The increase in values โโhad a positive impact on the Dogecoin price with an increase of 0.40 percent to $0.087977. The value of Bone ShibaSwap rose 2.86 percent.
metaverse tokens in green
Most of the major metaverse tokens showed price growth today. ApeCoin price rose 2.76 percent, which was followed by Axie Infinity up 3.30 percent and Decentraland up 1.78 percent.
