The global cryptocurrency market cap was trading at the $975.93 billion mark, surging more than 4 per cent in the last 24 hours. However, the total trading volume dropped almost 20 per cent to $69.97 billion.
Global bond yields surge to multi-year highs as inflation, borrowing concerns mount
Government bond yields globally rose to multi-decade highs recently due to sell-offs in sovereign debt. Investors demanded higher returns amid persistent inflation and uncertainty regarding