On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, rose more than a per cent to $1,073. Meanwhile, dogecoin price today was trading 3% higher at $0.06 whereas Shiba Inu gained marginally to $0.000010.
Other crypto prices' today performance also improved as XRP, Solana, BNB, Litecoin, Stellar, Chainlink, Tron, Uniswap prices were trading with gains over the last 24 hours, whereas Polygon, Apecoin, Tether slipped.
Cryptocurrencies have suffered this year amid Federal Reserve rate hikes and stubbornly high inflation. After crypto’s last two-year hibernation ended in 2020, the sector spiked to around $3 trillion in total assets last November, before plunging to less than $1 trillion. The collapse of the Terra/Luna ecosystem and the continued concern about hedge fund Three Arrows Capital Ltd. further rattled investors.
Crypto hedge fund Three Arrows Capital (3AC) is seeking protection from creditors in the United States under...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...