Avalanche gains as tensions between Russia and Ukraine simmer down

Feb 16, 2022

By: BI India Bureau

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The crypto market continues its run in the green

Its overall value is up by 5 percent in the last 24 hours

It helps that Russia took a baby step back from invading Ukraine

A move that seems to boosted investor confidence, according to analysts

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Avalanche is the biggest gainer

The cryptocurrency clocked a jump of 11.4 percent to ₹7,110 since yesterday

Currently, Bitcoin, is priced at ₹33.17 lakh

The cryptocurrency up by 0.6 percent in the last 24 hours

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Ethereum is trading at ₹2.37 lakh

Its price has risen by 3.6 percent since yesterday

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Binance Coin’s rate is at ₹32,548

It has climbed by 4.1 percent over the course of the day

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Cardano’s value stands at ₹82.91

It’s up by 1.8 percent since yesterday

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Meanwhile, Solana is priced at ₹7,760

It’s up by 0.9 percent since yesterday

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Terra’s LUNA token is trading at ₹4,233

Its price has risen by 1.87 percent

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Dogecoin is priced at ₹11.30

It has increased by 0.7 percent in the last 24 hours

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Polkadot’s value stands at ₹1,495

It’s up by 2.9 percent in the last 24 hours

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Disclaimer

These are the top cryptocurrencies by volume according to Coinbase | Prices updated as of February 16, 9:00 am IST and may change over the course of the day

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Solana and Avalanche gain as crypto market enters the green