Ethereum above $1,650; Solana tanks 5%

Ethereum fell on similar lines as of Bitcoin and managed to stay above the $1,650-mark. Price action in the altcoins was on the lower side for the day. All other top crypto tokens were trading sharply lower today. Solana tanked as much as 5 per cent, while Polygon declined 3 per cent. Dogecoin, Litecoin, Shiba Inu, Polkadot, XRP, Toncoin, Cardano and Tron dropped 2 per cent each in the early hours. The global cryptocurrency market cap was trading significantly lower, rising down to $1.05 trillion-mark as it dropped more than a per cent in the last 24 hours. However, the total trading volumes dropped more than 17 a per cent to $27.95 billion.

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