The cryptocurrency market is close to ending another week. Bitcoin and other cryptocurrencies seem to continue their upward momentum. The total market capitalization of bitcoin and altcoin projects rose by around $1.15 trillion. Meanwhile, it is necessary to pay attention to altcoin news. Here is what will happen for various altcoins today…
AERGO, AIOZ, ALEPH, AVT, BUSD, C98, COTI, DEXT, DREP, ELA, ERN, FIS, FOX, GFI, GMT, GST, GYEN, HIGH, INV, MATH, MEDIA, MPL, MUSE, PLU, QSP, RNDR, ROSE, SAND, SHPING, SNT, SYN, TRU.
AERGO, AIOZ, BUSD, DIA, ERN, FOX, GMT, GST, HIGH, IDEX, POLS, QUICK, REQ, ROSE, SHPING, SNT, SUPER, SYN, UPI.
Meanwhile, crypto market cap reached $1.1 trillion as Bitcoin and ETH skyrocketed to local highs. U.S. President Joe Biden's decision to refuse to acknowledge that the country is officially in recession has once again pushed the cryptocurrency market up.
As a result, Bitcoin, ETH, and many other assets hit multi-week highs. The crypto market is known for its volatility, and Bitcoin has proven this over the past weeks. On July 20 the asset was above $24,000, which was a local top. However, it dropped almost $4,000 in the following days, hitting a weekly low of $20,700 on July 26.
As the US Federal Reserve announced its latest rate hike, the public expected even more price volatility. The volatility has indeed arrived, but unlike previous times, BTC is heading higher.
Follow Bitcoin, altcoin, crypto money news, last minute developments and current articles from Coinactual.com.