Crypto Price Today: Bitcoin stays above $23,000; BNB & Polkadot add up to 4%

New Delhi: Despite thin trading over the weekend, the crypto market was able to hold gains on Monday as investors seemed mostly recovered from Friday's surprisingly strong jobs report.

However, the gains were capped. Investors will be eyeing Coinbase's earnings report.

Barring the dollar-pegged USD coin, all the top crypto tokens were trading with decent gains on Monday. BNB zoomed about 6 per cent, whereas Avalanche rallied over 5 per cent. Cardano and Solana gained 4 per cent each.

The global cryptocurrency market cap was trading higher at the $1.10 trillion mark, rising higher by 2 per cent in the last 24 hours. However, the total trading volume dropped as much as 6 per cent, close to $41.98 billion.

What's cooking in India
A public spat between global cryptocurrency platform Binance CEO Changpeng Zhao (known as CZ) and WazirX cofounder Nischal Shetty has hit about 15 million of the registered users (as of August) of the Indian crypto exchange.

Meanwhile, Zanmai Labs, which operates WazirX in India, is exploring the legal route amid an ownership dispute with the world’s largest exchange by volume, according to sources.

The Enforcement Directorate (ED) said that it recently conducted searches on one of the directors of M/s Zanmai Lab Pvt Ltd which owns the popular cryptocurrency exchange WazirX.