Crypto Price Today: Bitcoin rises above $27,200, Polygon, Cardano climb up to 3%

economictimes.indiatimes.com:

cryptocurrency market was majorly trading higher on Thursday amid improved sentiment on progress in debt ceiling negotiations in the United States. Bitcoin (BTC) rose 0.90% to $27,230, whereas Ethereum (ETH) was just above the $1,800 level. BTC volume in the last 24 hours stood at approximately $15.1 billion, rising 23.23% in the last 24 hours. «Bitcoin (BTC) got a healthy bounce overnight as prospects of a successful US debt ceiling raise positively influenced financial markets. It continues to trade just above the $27,000 level and will likely have a renewed attempt at $30,000 in coming weeks,» Vikram Subburaj, CEO of Giottus Crypto Platform, said. Other top crypto tokens were also trading higher on Thursday. Polygon surged nearly 3%. Cardano, Dogecoin, Polkadot and Litecoin were also trading with gains.

Did you Know?

SAP has launched a new enterprise on the Metaverse with the aim of accelerating cloud adoption among Indian firms. The interactive and immersive ‘cloud on wheels’ platform will enable customers to experience the full range of SAP’s offerings and reimagine processes for improved business outcomes.

The total volume in DeFi is currently 2.36 billion, 7.03% of the total crypto market 24-hour volume. The volume of all stablecoins is now $30.84 billion, which is 91.83% of the total crypto market 24-hour volume. The global cryptocurrency market cap was trading higher around $1.13 trillion, rising 0.59% in the last 24 hours. The market cap of Bitcoin, the world's largest cryptocurrency, was around $527 billion. Bitcoin’s dominance is currently 46.51%, an increase of 0.14% over the day, according to CoinMarketCap. «Despite concerns surrounding the US debt ceiling, Bitcoin and Ethereum have displayed