Bitcoin, Ethereum, Shiba Inu tank 7% each; Dogecoin drops 5%

New Delhi: After logging decent gains over the past few days, crypto traders turned defensive as tensions between Russia and Ukraine intensified. Following this, the appetite for riskier assets, including the digital token, dropped sharply. Investors now looked for safe heaven bets like gold, dampening the sentiments further.Barring the dollar-pegged Tether, all other top digital tokens were trading in deep red on Friday. Avalanche and Terra dropped 9 per cent each followed by Bitcoin and Ethereum, each losing over 7 per cent.The global crypto market cap slumped as much as 7 per cent to $1.85 trillion. On the contrary, the total crypto market volume jumped more than 25 per cent to $87.62 billion.

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