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Blogs Details

Bitcoin at $19,500; Polygon & Ethereum rise up to 5%

After a muted Monday, crypto markets earned some favour on Tuesday, with all major crypto tokens moving higher, digesting all the pessimism over the macro-economic news.

Fall in bond yields, recovery in equity markets and signals of waning inflation sent the crypto markets higher. However, the tokens did not go soaring as fears over the worst are not yet over.

All the top crypto tokens were trading higher on Tuesday. Polygon rallied over 5 per cent, whereas Avalanche and Ethere.