Top cryptocurrency prices today: Bitcoin, Ethereum, Dogecoin, Shiba Inu jump up to 4% – Economic Times

Top cryptocurrency prices today: Bitcoin, Ethereum, Dogecoin, Shiba Inu jump up to 4% – Economic Times

New Delhi: The cryptocurrency market was trading higher on Thursday following positive news outflow from Russia, which is eyeing to regulate digital assets, instead of banning them.

The Russian government released a document on its official website late Tuesday setting principles for crypto regulation, which supported the top deck of crypto assets.

The Russian government’s plan received support from its central bank, which had called for a ban on crypto mining and trading. The development also came not long after India took a step towards crypto legalization with a tax on digital asset transfers.

Barring the dollar-pegged USD Coin Terra and Solana, all other seven out of top-10 digital tokens were trading with decent gains on Tuesday. Ethereum led the gainers with a 4 per cent rise while Shiba Inu added 3 per cent.

The global crypto market cap gained almost 2 per cent to once again scale the $2.01 trillion mark. The total crypto market volume, however, dropped 25 per cent to $76.92 billion.

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