The cryptocurrency market started this Friday (15) with a jump from the main cryptocurrencies. Bitcoin, Ethereum, Polygon and other coins and tokens have seen considerable gains in the last 24 hours.
Tokens are seeing their profits grow as crypto investors become more relaxed about inflation. Everything indicates that the US Federal Reserve will raise interest rates by 100 points in the coming days.
The new increase will come in an attempt to contain the increase in prices and discourage the creation of new debts. With this, investments in digital assets are again a good idea and the feeling of fear decreases.
Bitcoin (BTC), the top cryptocurrency by capitalization, is up 5.2% in 24 hours. Days after hitting $18K, BTC is selling for $20,861.50.
Ethereum (ETH), the second largest crypto on the market and top among DeFi trading, has jumped more than 12% in the last 24 hours. The new ETH price is $1,219.80.
The global cryptocurrency market cap was trading higher at the $927.24 billion mark, up more than 3% in the last 24 hours. Meanwhile, total cryptocurrency trading volume gained about 3% to $76.70 billion.
Bitcoin and Major Cryptocurrencies Price Today
Most altcoins also rose to the top, accumulating profits for investors. BNB, for example, is up 3.5% in the last 24 hours. The current price of the coin issued by Binance is $238.06.
The XRP coin followed market trends and rose 6.4% to $0.336281. Cardano (ADA) was also up about 4% to $0.438377.
Solana (SOL), resuming its big move trend, is up 11% in the last 24 hours. According to CoinGecko, the price of SOL is $37.92.
Also according to CoinGecko data, other altcoins have also proved profitable. This is the case with Dogecoin, which rose more than 5%, Polygon, which rose another 11% and Avalanche, which accumulated 10% in profit in the last 24 hours.
Among the currencies that rose the most were the Lido DAO, up 35%, and the late UST, up 36%. However, the former stablecoin remains unstable and far from par with the dollar.
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