Investor concerns about tighter monetary policy and tougher regulations have dueled with optimism that Bitcoin may have found a bottom to keep the cryptocurrency in a tight range around $30,000.
On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, fell about 2% to $1,792. Meanwhile, dogecoin price today was also trading 2% lower at $0.07 whereas Shiba Inu also down over a per cent to $0.000011. The global cryptocurrency market cap today is $1.29 trillion, down more than 2% in the last 24 hours.
Other digital tokens' performance also declined as Cardano, Stellar, Uniswap, XRP, Litecoin, Tron, Tether, Solana, Polkadot, Avalanche, Polygon, Chainlink, Terra Luna Classic prices were trading with cuts over the last 24 hours.
Cryptocurrency prices have been in a slump this year as the Federal Reserve withdraws stimulus and hikes rates to combat inflation, with Bitcoin losing more than a third of its value this year, and others,...
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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...