Crypto Market – Sept 18, 2022
During the previous week, cryptocurrencies retreated due to expectations of a more aggressive rate rise by the US Federal Reserve and inflationary pressures. On September 18, however, some leading cryptocurrencies were seen to have gained some ground.
Bitcoin (BTC), the biggest cryptocurrency by market capitalization, reached USD 20,000 again. During the previous twenty-four hours, Bitcoin (BTC) has traded between $19,…
Crypto Market – Sept 15, 2022
On Thursday, as rate rise worries tormented investors, cryptocurrency tokens resumed their downward spiral. The recent spike in inflation has investors across the world worried about what the Federal Reserve may do at its meeting next week. A rate rise of 75 basis points is expected, but a 100 basis point increase is not out of the question.
However, the Bitcoin price remained stable at around $20,000 for the time bein…
Crypto Market – Sept 12, 2022
After a dramatic weekend rally, crypto tokens saw some profit taking first thing Monday morning. Bitcoin, however, maintained its advances and made its way closer to the $22,000 level.
Over the past day, Bitcoin (BTC) has fluctuated in price between $21,459 and $22,371. At the time of writing (09:00 UTC), one bitcoin can be purchased for $22,232, a gain of 2.59% from the previous trading session’s low.
The total val…
Crypto Market – Sept 5, 2022
Despite mixed reports on the US labor market, cryptocurrencies have generally gained ground over the last 24 hours. According to data published on Friday, the United States had higher-than-anticipated hiring in August, while pay growth slowed and the jobless rate increased slightly.
In the preceding twenty-four hours, Bitcoin (BTC) has traded between $19,634 and $20,058. As of 14:00 UTC today, BTC is trading at $19,864, an increase of 0.35…
Crypto Market – Sept 2, 2022
Bitcoin’s price continues to trade over the significant psychological barrier of $20,000. It looks more likely to continue in a price rut until the publication of inflation data later this month and the conclusion of the Federal Reserve’s meeting.
Over the previous 24 hours, the price of one Bitcoin (BTC) has fluctuated between $19,560 and $20,442. Today, Bitcoin is up 2.98 percent, trading at $20,375 as of 4 p.m. (UTC).
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