Crypto price today Financial News

Bitcoin (BTC) rose 2% to $23,700, whereas Ethereum (ETH) was above the $1,600 level. BTC volume in the last 24 hours stood at approximately $25.72 billion, rising 46.95% in the last 24 hours. «BTC gained 2% in the past 24 hours and is currently trading above the US$23,600 level. If bulls can hold BTC above the current level, the impulse may continue towards US$24,000 and US$25,000 soon. The volume is also high, indicating the buyers' strength in the market,» Edul Patel, CEO and Co-Founder of Mudrex said. Other top crypto tokens were also trading higher. Solana rose 6%. Polkadot Shiba Inu, Dogecoin and BNB were also trading with gains. The global cryptocurrency market cap was trading around $1.07 trillion, rising 1.54% in the last 24 hours.

cryptocurrency market was trading in the red on Monday. Bitcoin (BTC) fell 2.7% to $22,753, whereas Ethereum (ETH) was just below the $1,650 level. BTC volume in the last 24 hours stood at approximately $20.29 billion, rising 30.19% in the last 24 hours. «BTC slipped below the $23,000 level but stabilized on Sunday while Ether is exchanging hands at the $1627 level. The investors are still in a wait-and-watch mode as they are looking forward to the Fed chief’s comments this week. Fed chief has indicated that the war against inflation is not over and aggressive policy action is expected to continue,» Shivam Thakral, CEO of BuyUcoin said. The global cryptocurrency market cap was trading lower around $1.06 trillion, falling 2.39% in the last 24 hours. The total volume in DeFi is currently $5.31 billion, 10.86% of the total crypto market 24-hour volume. The volume of all stablecoins is now $42.41 billion, which is 86.72% of the total crypto market 24-hour volume.

BTC volume in the last 24 hours rose 6.97% to $30.86 billion. Its market cap was around $421.65 billion, with a dominance of about 41.46%, according to CoinMarketCap. «The crypto market cap slipped by almost 3% after fresh regulatory concerns spooked investors across the globe. The latest developments at Kraken and SEC had an immediate impact on the digital assets as BTC dropped below the $22,000 level and Ethereum lost its key support level at $1,600,» Shivam Thakral, CEO of BuyUcoin, said. Top crypto tokens traded lower. Solana fell 8%. Shiba Inu, Polkadot, Dogecoin and Cardano were also trading with cuts.