Usa Britain India Dogecoin cryptocurrency shiba inu price Ethereum Price Bitcoin Price Usa Britain India

Crypto Price Today Live: Bitcoin above $24,900; Dogecoin, Litecoin surge over 4%

Reading now: 874

cryptocurrency markets were trading higher in Wednesday's trade amid easing worries over bank industry turmoil and release of largely on-target US inflation data.

Bitcoin (BTC) rose 1.95% to $24,943 whereas Ethereum (ETH) was above the $1,700 level. BTC volume in the last 24 hours stood at approximately $53.82 billion, rising 12.50% in the last 24 hours. «The UK government bailing out the Silicon Valley Bank has created a positive sentiment within the investment community and which may have increased buying activity.

As per the latest data, US consumer inflation has slowed down but it’s still on the higher side which may drive Fed to continue its hawkish stance.

If the macroeconomic factors continue to remain favourable then we may see Bitcoin testing $30,000 level very soon,» Shivam Thakral, CEO of BuyUcoin, said.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News