After a strong rally on Thursday, the crypto market saw some profit booking on Friday. Bitcoin breathed below $24,000, whereas Ethereum held at the $1,900 mark ahead of its much-awaited merge buzz.

The crypto industry’s latest indignities included a report that India regulators were investigating at least 10 crypto exchanges for allegedly assisting foreign firms to launder money via crypto. Top crypto tokens were trading mixed on Friday. BNB, Polkadot and Uniswap dropped 2 per cent each, whereas Bitcoin shed a per cent. Ethereum and Solana gained over a per cent.

The global cryptocurrency market cap was trading marginally down at the $1.15 trillion mark, dropping less than a per cent in the last 24 hours. However, the total trading volume topped more than 4 per cent, close to $84.03 billion.