• Global cryptocurrency market cap increased by 2% to $855 billion in last 24 hours today
Bitcoin price is one percent higher today at $16,827 with the world's largest and most popular digital token trading. Overall, the global cryptocurrency market cap remained below the $1 trillion mark today, even as it rose 2% over the past 24 hours to $855 billion, according to data from CoinGecko.
On the other hand, ether, the coin associated with the Ethereum blockchain and the second-largest cryptocurrency, rose more than 2% to $1,253. Meanwhile, the price of Dogecoin was still higher by 2% today at $0.07, while Shiba Inu also rose at $0.000008.
Other crypto price performance also improved today as Tether, Stellar, XRP, Cardano, Polkadot, Uniswap, Chainlink, XRP, Solana, Avalanche, Polygon were trading with gains in the last 24-hours, while Solana, Litecoin , Appcoin, Tron slumped.
The Federal Reserve and other major central banks around the world hurt cryptocurrencies hard last year, raising interest rates to fight historic inflation, from Fed policy to the Terra/Luna ecosystem, hedge funds Three Arrows Capital and Hedge Funds Everything tightened up to the implication of. Exchange Ftx.
Sam Bankman-Fried is accused of diverting billions of dollars in FTX client funds to Almeida to bankroll venture investments, luxury real estate purchases and political donations. On Tuesday, he pleaded not guilty in Manhattan federal court.
In a new update, crypto broker Genesis told clients that it needs more time to resolve issues at its lending arm. The sudden collapse of FTX brought the digital-asset market to a halt and created a liquidity crunch at Genesis.
"While we are committed to moving forward as quickly as possible, this is a very complex process that will take some additional time. We are confident we can reach a solution," interim chief executive Derer Islam was quoted as saying by Bloomberg News. Written in a letter seen.
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