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Crypto Market – March 21, 2023

Bitcoin, which yesterday surpassed $28,000 for the first time in nine months, fluctuated between $27,300 and $28,350 during the previous 24 hours as investors awaited a decision from the Federal Reserve on interest rates on Wednesday. The market is anticipating a 25 basis point rise. As the conference approaches, we anticipate a slowing in activity and bitcoin’s price movement.

Bitcoin Today: Bitcoin (BTC) fell today, to $28,040.78 with a 24-hour trading volume of $50,783,657,108. This is a -0.43% 24-hour fall and a 16.28% 7-day gain. 

The worldwide cryptocurrency market value is $1.22 Trillion, down 0.55% in 24 hours and -37.65% year-over-year. Bitcoin dominates 44.5% of the market with a $542 billion market valuation. Stablecoins’ market value is $134 billion, 11.01% of the crypto market.

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