New Delhi: The cryptocurrency markets were trading higher in Friday's trade with crypto heavyweights like BTC and ETH leading the rally. Bitcoin (BTC) rose 5.45% to $25,906, whereas Ethereum (ETH) was above the $1,700 level. Following the Arbitrum Airdrop announcement that came out yesterday evening, the sentiments across the crypto market took a positive turn. It is one of the biggest and most awaited events since the past several months," Edul Patel, Co-founder and CEO at Mudrex, said.Other top crypto tokens were also trading higher. Meanwhile, the global cryptocurrency market cap was trading higher around $1.11 trillion, rising 3.85% in the last 24 hours.The total volume in DeFi is currently 5.31 billion, 7.97% of the total crypto market 24-hour volume.

Source: Economic Times March 17, 2023 19:39 UTC