Cryptocurrency price

Latest Cryptocurrency Price: Bitcoin Rises Ahead of US Fed Results | Top of the page

Bitcoin and other cryptocurrencies rose ahead of the US Federal Reserve announcement. However, Bitcoin’s price still remained below $40,000, according to coindesk.

“The global crypto market and trading volume surged a day before the U.S. Central Bank announced its decision to raise interest rates. Bitcoin, Ethereum and other top cryptos also saw a surge. peak in the last 24 hours,” said Edul Patel, CEO and co. -founder, said Mudrex.

BITCOIN PRICE

Bitcoin price rose 0.91% to $39,099.43. It seems that the downward movement in Chinese stocks has had an impact on the price of Bitcoin. However, Bitcoin trading was in light mode as investors still assessed the volatile situation.

ETHER, OTHER CRYPTO

Etheruem, the second largest cryptocurrency in the world by market capitalization, rose 3% to $2,622.18.

Other major cryptocurrencies were trading green. XRP was trading up 0.34% at $0.759214, Solana up 2.70% at $81.80, Avalanche down 2.14% at $68.18, Cardano up 0.23% at $0.795638 , Polkadot up 4.34% to $18.05, Stellar gained 1.59% to $0.1810, Dogecoin rose 0.25% to $0.1124.

Polygon rose 0.56% to $1.36 and Shiba Inu gained 0.46% to $0.000022.

“BTC and ETH are currently trading above the $39,000 and $2,600 levels. BTC is very close to hitting its resistance at $40,000, which may reverse the downward trend. Cryptos like The Graph, Elrond, Waves, Fantom saw more than decent growth, a similar uptrend is expected to continue this week,” Patel said.

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