Crypto Moves — Ethereum and Bitcoin fall; Yuga Labs may face legal action

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded lower on Tuesday, falling by 3.54 percent to $21,100.51 as of 8:30 a.m. Riyadh time.

Ethereum, the second most traded cryptocurrency, was priced at $1,424.45 falling by 6.54 percent, according to data from Coindesk.

Apecoin and NFT sales may expose Yuga Labs to a class-action lawsuit

Yuga Labs has been accused of inflating the price of its non-fungible tokens by using celebrity endorsers, Bitcoin.com reported.