As the traditional financial system connects with the highly controversial crypto ecosystem, the growing interconnectivity raises concerns about the future prospects of the economic and financial markets. Experts believe that the increased use of cryptocurrencies will lead to financial instability. For quite a long time, the IMF has been warning countries and investors to control and regulate the way they handle digital assets. Quite rightly so, India today is deploying crypto taxes, and investors are quite anxious about the future prospects of the market. Today, Analytics Insight enlists the top cryptocurrency prices for April 1, 2022.
Bitcoin (BTC): US$44,753.36 (down by 4.84%)
Ethereum (ETH): US$3,253.48 (down by 4.15%)
Tether (USDT): US$1.00 (down by 0.00%)
BNB (BNB): US$420.44 (down by 5.14%)
USD Coin (USDC): US$0.9996 (up by 0.03%)
Solana (SOL): US$121.85 (up by 0.77%)
XRP (XRP): US$0.8222 (down by 4.69%)
Cardano (ADA): US$1.12 (down by 7.40%)
Terra (LUNA): US$100.32 (down by 5.84%)
Avalanche (AVAX): US$92.90 (down by 5.06%)
According to coinmarketcap, the global crypto market cap is standing at US$2.05T, with a decrease of 4.48% over the last day.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.