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Cryptocurrency News Articles

Bitcoin (BTC) Demonstrates Robust Performance in the Cryptocurrency Market

Aug 02, 2024 at 12:02 pm

Bitcoin (BTC) has demonstrated a robust performance in the cryptocurrency market over the past 24 hours, reflecting a 2.82% increase in its price.

Bitcoin (BTC) Demonstrates Robust Performance in the Cryptocurrency Market

Bitcoin (BTC) price rose 2.82% over the past 24 hours to trade at $64,366.43 by 09:18 ET (13:18 GMT). It varied from a low of $62,934.60 to a high of $64,863.66.

The world's largest cryptocurrency by market cap rose 2.79% in the past 24 hours to $1,270,907,194,810.

Bitcoin price performed well on Monday as risk appetite returned to global markets after a late sell-off in the previous session. A batch of upbeat U.S. economic data also helped boost sentiment.

Markets now awaited key inflation data, due on Wednesday, for further directional cues. Economists polled by Reuters expect the consumer price index to increase 0.4% in April after rising 0.6% in March.

Bitcoin price also tracked gains in major Wall Street indices, with the Dow futures up 0.1%, S&P 500 futures gaining 0.1%, and Nasdaq 100 futures rising 0.04%.

Among other cryptocurrencies,イーサ (ETH) price rose 1.37% over the past 24 hours to trade at $4,436.53. Chainlink (LINK) gained 6.4%, while Dogecoin (DOGE) fell 0.6%.

Original source:gorevillegazette

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