New Delhi: After witnessing deep cuts in the last one week, major crypto tokens scripted a minor recovery even as gloomy sentiments continued to prevail.

The crypto tokens were badly hammered last week amid geopolitical unrest, rising inflation rates and the explosive failure of Terra (LUAN) which hurt the sentiments. Tokens in the last few sessions, however, scripted mild recovery from recent lows.

All the tokens in the top 15 list were trading higher on Monday. Cardano rallied about 14 per cent, followed by a 12 per cent rise in Solana. Avalanche zoomed 7 per cent and BNB advanced 5 per cent.



The global cryptocurrency market cap was trading sharply higher at the $1.31 trillion mark, rising close to 3 per cent in the last 24 hours. However, the total cryptocurrency trading volume dropped about 10 per cent to $78.40 billion.

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Source: https://economictimes.indiatimes.com/markets/cryptocurrency/top-cryptocurrencies-price-today-bitcoin-dogecoin-shiba-inu-16-05-2022/articleshow/91587503.cms

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