Crypto markets in green; top tokens show slight recovery

Cryptocurrency markets are green after two days of bloodshed. Global market capitalization increased by 1.78% in the past 24 hours and stood at $1.26 trillion as of 7:30 a.m. IST, according to data from CoinMarketCap.

Bitcoin is up 2.25% and trading at $30,441, breaking through the $30,000 barrier. Ethereum also showed a slight uptrend and rose 0.21% and is trading at $1,827.

USDT Tether showed an uptrend of 0.02% in the last 24 hours of its value and is trading at $0.9994, while USDC stablecoins showed a downtrend of 0.01% of its value and trade at $1.

The BNB token rose 1.87%.

The XRP Ripple token is up 2.36% from its value for the past 24 hours.

The ADA token has shown an uptrend of 4.35% in the past 24 hours.

Solana rose 2.04%.

The BinanceUSD stablecoin is down 0.03% and trading at $1.

Doge, the popular memecoin is in place of the tenth most valuable token and is up 2.03%.

In other news, Binance has teamed up with music artist “TheWeeknd” to create the first global tour to feature Web 3 technology.

Additionally, the New York Attorney General has issued a warning about investing in cryptocurrencies and says it often creates “more pain than gain for investors.”

Additionally, FTX crypto exchange announces the launch of FTX Japan to serve the Japanese market.

Rapper Kanye West has filed 17 trademark applications for NFTs around his Yeezus name.