Top cryptocurrency prices today: Bitcoin extends loss; Cardano, Terra drops 4%
The cryptocurrency market was trading in the red, thanks to lower volumes which impacted liquidity for traders. Barring the dollar-pegged USD Coin and Polkadot, eight out of the top 10 digital tokens were trading lower at 8.30 am IST. Bitcoin extended its cuts, whereas Binance Coin, Cardano and Terra dropped 4 per cent each.
The global crypto market cap was down over a per cent $2.21 trillion mark compared to the last day. The total crypto market volume dropped more than 2 per cent to per cent to $$88.42 billion.
Bitcoin, which turned 13 today, is celebrating its birthday on a dull note as the cryptocurrency has dropped about 8 per cent in the last one week.