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Cryptocurrencies Gain In Price On Jan 11, 2022; Polygon Top Gainer

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Over the previous day, the global crypto market cap has expanded by close to 5 percent and is again at $2 trillion. While the volume in the space saw a decline by 9 percent over the period with volume tumbling to $90.28B.

 
Cryptocurrencies Gain In Price On Jan 11, 2022; Polygon Top Gainer

Meanwhile, most major cryptos are trading in the green, with Bitcoin the most popular and top token by market cap trading with gains of over 3 percent at $42.47K. Meanwhile, of the top 20 crypto assets as compiled by Coindesk, Polkadot and Polygon, led the gains gaining 10% and 16%, respectively.

As per Coindesk data, the digital asset has lost more than 39 percent of its value since reaching record high near $69K on November 10. The relentless fall has come off on Fed's hawkish stance amid the inflationary pressure. The move hence resulted and drove investors to less risky assets.

GoodReturns.in

Read more about: bitcoin polygon cryptocurrency
Story first published: Tuesday, January 11, 2022, 23:49 [IST]
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