India, April 20 -- Overall crypto market capitalization declined more than a percent in the past 24 hours as markets reacted to the escalation in geopolitical tensions in the Middle East. The collapse of the RAVE token as well as reports of a $292 million exploit of KelpDAO dampened market sentiment.
Markets also digested the Bitcoin purchase report from Strategy Inc which limited losses. The Virginia-headquartered company on Monday said it acquired 34,164 Bitcoins worth $2.54 billion during the period between April 13 and April 19. The leading Bitcoin treasury company led by Michael Saylor has lifted its total holdings of Bitcoins to 815,061 or 3.88 percent of Bitcoin's total supply. The average cost of the holdings has been reduced to $7...